Revision: Three-Column Cash Book and Ledgers
Pierre runs a computer shop. He hires you to help him to record all the transactions below in
the cash book and ledgers.
2018
Jan
1
3
4
6
8
9
11
Started business with cash in hand $5,500 and cash at bank $28,600.
Bought furniture by cheque $1,890.
Cash sales $2,500 and banked immediately.
Goods were bought $3,500. He paid cash $500 and balance by cheque.
Jeremy settled his account $2,650 by issuing cheque to us $2,600.
Paid insurance by cash $200 and cheque $3,000.
Received discount 10% from Vincent as to pay all the debts $2,800 to him by
cheque.
Paid stationery $200 by cash.
Took cash from bank $1,900 for office use.
Cash sales $3,600.
Paid rent $3,200 by cheque.
Withdrew cash $580 from business for personal use.
Cash sales $868 and banked immediately.
Paid salaries $5,600 to the staff. He divided $600 paid by cash and the rest by
cheque.
Withdrew cash $2,850 from office into the bank account.
15
19
21
23
25
27
30
31
Three-Column Cash Book
Date
Details
2018
Jan 1
4
Capital
6
Discount Cash (+)
550
Sales
Jeremy
Bank C
25
Drawing
27
31
Sales
Cash C
Date
Details
28600
2018
Jan 3
9
Furniture
2500
Purchases
8
19
Bank (+)
500
Insurance
200
Vincent
2600
stationery
Cash C
200
1900
15
19
580
21
Sales
3600
23
30
Rent
Salaries
600
31
Bank C
2840
Particulars
Particulars
Capital
Amount
Date
2018
Jan 1
Furniture
Amount
Date
Bank (-)
1890
11
868
2850
Date
Cash (-)
3000
50
Date
Discount
280
3000
2520
1900
Particulars
cash
Amount
5500
bank
28600
Particulars
Amount
3200
5000
2018
Jan 3
Date
Date
Date
Date
2018
Jan 9
Bank
Particulars
Amount
2500
Cash
3600
Bank
868
Particulars
Cash
Amount
500
Bank
300
Particulars
Bank
Amount
2600
Discount
50
Particulars
Amount
Particulars
Amount
Particulars
Cash
Stationery
Amount
Date
200
Particulars
Amount
Particulars
Bank
Rent
Amount
Date
3200
Particulars
Amount
Particulars
Particulars
Particulars
Cash
Particulars
Bank
Discount
Date
2018
Jan 15
Date
2018
Jan 23
Sales
Amount
Date
2018
Jan 4
2018
Jan 21
2018
Jan 27
Particulars
Bank
Bank
Date
2018
Jan 11
1890
Purchases
Amount
Date
2018
Jan 6
Jeremy
Amount
Date
2018
Jan 8
Insurance
Amount
Date
200
3000
Vincent
Amount
Date
2520
280
Date
Date
2018
Jan 30
Particulars
Particulars
Cash
Bank
Drawing
Amount
Date
2018
Jan 25
Particulars
Cash
Amount
580
Salaries
Amount
Date
600
Particulars
Amount
5000