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Triple Column Cash Book Questions and Solutions

Problem and Solution of Triple column cash book with solution  of class 11

For the solution of the Bank reconciliation statement  click here

Problem 1

The following cash and Banking transactions are given

February 1: Balance of cash in hand 50000 and at Bank 110000

February 8: Cash deposited into bank 10000

February 12: Received cheque of 20000 from a debtor after deducting discount of 1000

February 15: Paid rent by issuing a cheque of 7000

February 20: Out of goods purchased from Gopal for 20000 paid cash 10000 and balance by cheque.

February 25: Issued of 19000 to the creditor after deducting 5% discount

Required: Triple column cash book           (Ans: Balance: Cash 31000, Bank 103000)

Problem 2

Following Cash and Banking transactions are given:

June 1:  Cash Balance 100000 and Bank Balance 20000

June 3: Purchased goods worth 50000 at 10% discount

June 5: Cash is withdrawn from Bank for officer use 5000

June 6: Out of a total of 10000, 9500 is paid to Vishnu and settled the account

June 11: Salary paid 10000

June 12: Cash deposited into Bank 10000

Required: Triple column cash book                         (Ans: Balance: Cash 30500, Bank 25000)

Problem 3:

Following Cash and Banking transactions are given

July 1: Cash in hand 2000

July 2: Cash sales 12000

July 5: Deposited into bank 10000

July 7: Paid to Ram by cheque 5300

July 9: Received a cheque from Shyam of 3900 and paid into the bank. Allowed him a discount of 100

July 10: Withdraw 2000 from the bank for office use.

Required: Cashbook with necessary column                        (Ans: Balance: Cash 6000; Bank 6600)

Problem 4

Following transactions are given to you

Jan 1: Cash in hand 15000 and at bank 7000

Jan 2: Received cash from Mr. Kamal 9900 discount allowed, 100

Jan 3: Deposited into bank 5000

Jan 4: Purchased merchandise for 5000 and paid by cheque.

Jan 5: Sold merchandise on account 6000

Jan 7: Received 5000 from the customer by cheque and deposited on the same day.

Jan 8: Sold merchandise from cash 7000

Jan 9: Paid to Rakesh 9800 by cheque, discount received 200

Jan 10: Paid wages for labor 10000

Jan 11: Paid telephone bill of the previous month of 6500

Jan 16: Received from a customer of 5900 in full settlement of his account for 6000

(Hint: Transaction of Jan 5 is not recorded in Cashbook because only cash transactions are recorded in cash book)

Required: Triple column cash book                         (Ans: Cash balance 16300 and Bank 2200)

Problem 5

The following information is extracted from the books of Mr. Shilesh.

May 1: Opening balance cash 9700 and bank balance (Overdraft) 5000

May 7:  Cash deposited to bank 6000

May 13: Cash received from Mahish 5950 in full settlement of 6000

May 17: Paid cash to Ashim 3975 in full settlement of 4000

May 22: Cheque received from Naresh and deposited into bank 9900 and discount allowed 100

May 24: Drawn from the bank for office use 4000

May 26: Paid by cheque to Bikash 5450 and discount allowed 50

May 29: Withdrawn by Shailesh for household purposes 1000

Required: Cash book                                             (Ans Cash balance 8675 and Bank balance 1450)

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