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June 5: Cash is withdrawn from Bank for officer use 5000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