Elements of Book Keeping & Accountancy Cash Book Prepared by Asif Yusuf bhai shaikh E-mail:asif_r78@yahoo.com Guide: Mr.Jo...
<ul><li>Cash book is a type of subsidary book in which cash transactions are recorded. </li></ul><ul><li>Cash receipts and...
(1). Simple Cash Book (2).  Two columnar Cash Book (3).  Three Columnar Cash Book Types of cash book
<ul><li>Transactions involving cash are only recorded in it. </li></ul><ul><li>As the format of this book is like an A/c, ...
<ul><li>Dr  Cr </li></ul>Format Date Receipts RN LF Amt Date Payments VN LF Amt
<ul><li>This book is of three types : </li></ul><ul><li>(1). Cash and Discount columnar cash book </li></ul><ul><li>In thi...
<ul><li>Dr  Cr </li></ul>Format Date Receipts RN LF Discount allow Amt Date Payments VN LF Discount receive Amt
<ul><li>In this book one column of bank  is added for banking transactions. </li></ul><ul><li>Bank A/c is treated as a Per...
<ul><li>Dr  Cr </li></ul>Format Date Receipts RN LF Bank Amt Cash  Amt Date Payments VN LF Bank Amt Cash  Amt
<ul><li>In this book two columns of Bank and Discount are inserted. </li></ul><ul><li>When payment is made by cheque disco...
<ul><li>Dr  Cr </li></ul>Format Date Receipts RN LF Discount allow Bank Amt Date Payments VN LF Discount receive Cash Amt
<ul><li>In this type of cash book three columns of amount are kept on both the sides. </li></ul><ul><li>Presently, this ty...
<ul><li>Dr  Cr </li></ul>Format Date Receipts RN LF Discount allowed Cash Amt Bank Amt Date Payments VN LF Discount receiv...
Example of Three column cash book. <ul><li>May 2010 </li></ul><ul><li>1. Opening Cash balance:Rs 5000 </li></ul><ul><li>Op...
<ul><li>7. Rs 4000 deposited in bank. </li></ul><ul><li>9. Goods of Rs 5000 purchased @ 10% cash discount. Half the amount...
<ul><li>21. Rs 1000 withdrawn from bank for payment of shop rent & Rs 2000 for school fees of daughter. </li></ul><ul><li>...
Three columnar cash book Date Receipts RN LF Dis. allo Cash Amt Bank Amt Date Payments VN LF Dis rec Cash Amt Bank Amt May...
25. Mayank A/c 3000 23. Drawings A/c 2000 31. Cash A/c 6500 23. Shop rent A/c 1000 28. Mayank  A/c 3000 31. Bank A/c C 650...
Thank you Mohammed Asif  Class:11 FD (Hameediyah) English Hr. Sec. School Ahmedabad 1
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Asif account

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Types of Cash Book, Simple cash book, Double column cash book, Three column cash book, Exercise

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  • It should also provide information about contra entry in case of two column cash book with cash &amp; bank columns.
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Asif account

  1. 1. Elements of Book Keeping & Accountancy Cash Book Prepared by Asif Yusuf bhai shaikh E-mail:asif_r78@yahoo.com Guide: Mr.Joseph Joseph E-mail: fdhameediyah@yahoo.in
  2. 2. <ul><li>Cash book is a type of subsidary book in which cash transactions are recorded. </li></ul><ul><li>Cash receipts and payments are recorded in it and at the end of the given period, we can also know the cash balance from the cash book. </li></ul>Introduction
  3. 3. (1). Simple Cash Book (2). Two columnar Cash Book (3). Three Columnar Cash Book Types of cash book
  4. 4. <ul><li>Transactions involving cash are only recorded in it. </li></ul><ul><li>As the format of this book is like an A/c, it is divided into two parts like an A/c. </li></ul><ul><li>The lefthand side is known as debit or receipt side and the righthand side is known as credit or payment side. </li></ul>1. Simple Cash Book
  5. 5. <ul><li>Dr Cr </li></ul>Format Date Receipts RN LF Amt Date Payments VN LF Amt
  6. 6. <ul><li>This book is of three types : </li></ul><ul><li>(1). Cash and Discount columnar cash book </li></ul><ul><li>In this book one column is added as compared to simple cash book. </li></ul><ul><li>This column is for 'Cash discount'. </li></ul><ul><li>Trade Discount is not recorded in this book or any cash book. </li></ul>2. Two Columnar Cash Book
  7. 7. <ul><li>Dr Cr </li></ul>Format Date Receipts RN LF Discount allow Amt Date Payments VN LF Discount receive Amt
  8. 8. <ul><li>In this book one column of bank is added for banking transactions. </li></ul><ul><li>Bank A/c is treated as a Personal A/c. </li></ul>2. Cash and Bank Columnar Book
  9. 9. <ul><li>Dr Cr </li></ul>Format Date Receipts RN LF Bank Amt Cash Amt Date Payments VN LF Bank Amt Cash Amt
  10. 10. <ul><li>In this book two columns of Bank and Discount are inserted. </li></ul><ul><li>When payment is made by cheque discount may be received and when the amount is received by cheque discount may be allowed. </li></ul><ul><li>To record such discount and banking transactions this type of cash book is prepared. </li></ul>3. Bank and Discount Columnar Book
  11. 11. <ul><li>Dr Cr </li></ul>Format Date Receipts RN LF Discount allow Bank Amt Date Payments VN LF Discount receive Cash Amt
  12. 12. <ul><li>In this type of cash book three columns of amount are kept on both the sides. </li></ul><ul><li>Presently, this type of cash book is more useful because Discount, Bank, and Cash transactions are recorded simultaneously in it. </li></ul>3. Three Columnar Cash Book
  13. 13. <ul><li>Dr Cr </li></ul>Format Date Receipts RN LF Discount allowed Cash Amt Bank Amt Date Payments VN LF Discount received Cash Amt Bank Amt
  14. 14. Example of Three column cash book. <ul><li>May 2010 </li></ul><ul><li>1. Opening Cash balance:Rs 5000 </li></ul><ul><li>Opening bank Overdraft:Rs 3000 </li></ul><ul><li>3. Cash Purchase:Rs 1000 </li></ul><ul><li>Cash Sales:Rs 2500 </li></ul><ul><li>5. Ashish brought in cash Rs 8000, as more funds were required in the business. </li></ul>Transactions
  15. 15. <ul><li>7. Rs 4000 deposited in bank. </li></ul><ul><li>9. Goods of Rs 5000 purchased @ 10% cash discount. Half the amount is immediately paid by cheque and the remaining by cash. </li></ul><ul><li>11. Salary Rs 600, brokerage Rs 100 and wages Rs 50 paid by cash. </li></ul><ul><li>14. Cash of Rs 1,000 received as commission. </li></ul><ul><li>18. Goods of Rs 1,000 sold to Dhaval. He sent cheque of necessary amount after deducting 10% cash discount, which is deposited in bank. </li></ul>
  16. 16. <ul><li>21. Rs 1000 withdrawn from bank for payment of shop rent & Rs 2000 for school fees of daughter. </li></ul><ul><li>23. Shop rent & school fees of daughter paid. </li></ul><ul><li>25. Mayank issued a cheque of Rs 3000 towards payment of an old debt, which we deposited in bank. </li></ul><ul><li>28. cheque issued by mayank is dishonoured. </li></ul><ul><li>30. After keeping cash on hand Rs 2000, remaining amount is deposited in bank. </li></ul>
  17. 17. Three columnar cash book Date Receipts RN LF Dis. allo Cash Amt Bank Amt Date Payments VN LF Dis rec Cash Amt Bank Amt May 2010 To, May 2010 By, 1. Balance b/f 5000 1. Balance b/f 3000 3. Sales A/c 2500 3. Purchases A/c 1000 5. Capital A/c 8000 7. Bank A/c C 4000 7. Cash A/c C 4000 9. Purchases A/c 500 2250 2250 14. Commission A/c 1000 11. Salary A/c 600 18. Sales A/c 600 5400 11. Brokerage A/c 100 21. Bank A/c C 3000 11. Wages A/c 50 21. Cash A/c C 3000
  18. 18. 25. Mayank A/c 3000 23. Drawings A/c 2000 31. Cash A/c 6500 23. Shop rent A/c 1000 28. Mayank A/c 3000 31. Bank A/c C 6500 31. Balance C/f 2000 7650 Total 600 19500 18900 500 19500 18900 June 1. Balance b/f 2000 7650
  19. 19. Thank you Mohammed Asif Class:11 FD (Hameediyah) English Hr. Sec. School Ahmedabad 1

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