TWO COLUMN CASH BOOK
[Link] up a two-column cash book for a bedroom furniture shop from the following details, and balance it
off as at the end of the month:
2016
July 1 Started in business with capital in cash $ 10,000.
2 Paid rent by cash $ 1,000.
3 G. Broad lent us $ 12,000, paid by cheque.
4 We paid J. Fine by cheque $ 1,800.
5 Cash sales $ 800.
7 F. Love paid us by cheque $ 200.
9 We paid A. Moore in cash $ 300.
11 Cash sales paid direct into the bank $ 600.
15 P. Hood paid us in cash $ 700.
16 We took $ 4,000 out of the cash till and paid it into the bank account.
19 We repaid R. Onions $ 2,000 by cheque.
22 Cash sales paid direct into the bank $ 1,200.
26 Paid motor expenses by cheque $ 460.
30 Withdrew $ 320 cash from the bank for business use.
31 Paid wages in cash $ 1,200.
[Link] up a two-column cash book for a second-hand bookshop from the following:
2017
Nov 1 Balance brought forward from last month: Cash $ 295; Bank $ 4,240.
2 Cash sales $ 310.
3 Took $ 200 out of the cash till and paid it into the bank.
4 F. Bell paid us by cheque $ 194.
5 We paid for postage stamps in cash $ 80.
6 Bought office equipment by cheque $ 310.
7 We paid L. Root by cheque $ 94.
9 Received business rates refund by cheque $ 115.
11 Withdrew $ 150 from the bank for business use.
12 Paid wages in cash $ 400.
13 Cash sales $ 430.
14 Paid motor expenses by cheque $ 81.
16 J. Bull lent us $ 1,500 in cash.
20 K. Brown paid us by cheque $ 174.
28 We paid general expenses in cash $ 35.
30 Paid insurance by cheque $ 320.
THREE COLUMN CASH BOOK
1.A three-column cash book for a wine wholesaler is to be written up from the following details, balanced-
off, and the relevant discount accounts in the general ledger shown.
2016
Mar 1 Balances brought forward: Cash $ 620; Bank $ 7,142.
2 The following paid their accounts by cheque, in each case deducting 5 per cent cash
discounts: G. Slick $ 260; P. Fish $ 320; T. Old $ 420 (all amounts are pre-discount).
4 Paid rent by cheque $ 430.
6 F. Black lent us $ 5,000 paying by cheque.
8 We paid the following accounts by cheque in each case deducting a 2-1/2 per cent cash
discount: R. White $ 720; G. Green $ 960; L. Flip $ 1,600 (all amounts are pre-discount).
10 Paid motor expenses in cash $ 81.
12 J. Pie pays his account of $ 90, by cheque $ 88, deducting $ 2 cash discount.
15 Paid wages in cash $ 580.
18 The following paid their accounts by cheque, in each case deducting 5 per cent cash
discount: A. Pony $ 540; B. Line & Son $ 700; T. Owen $ 520 (all amounts are pre-discount).
21 Cash withdrawn from the bank $ 400 for business use.
24 Cash drawings $200.
25 Paid W. Peat his account of $160, by cash $155, having deducted $5 cash discount.
29 Bought fixtures paying by cheque $720.
31 Received commission by cheque $120.
[Link] the following in the three-column cash book of an office supply shop. Balance-off the cash book at
the end of the month and show the discount accounts in the general ledger.
2015
June 1 Balances brought forward: Cash $420; Bank $4,940.
2 The following paid us by cheque, in each case deducting a 5 per cent cash discount:
S. Braga $820; L. Pine $320; G. Hodd $440; M. Rae $1,040.
3 Cash sales paid direct into the bank $740.
5 Paid rent by cash $340.
6 We paid the following accounts by cheque, in each case deducting 21/2 per cent cash
discount: M. Peters $360; G. Graham $ 960; F. Bell $400.
8 Withdrew cash from the bank for business use $400.
10 Cash sales $1,260.
12 B. Age paid us their account of $280 by cheque less £4 cash discount.
14 Paid wages by cash $540.
16 We paid the following accounts by cheque: R. Todd $ 310 less cash discount $15; F. Dury
$412 less cash discount $12.
20 Bought fixtures by cheque $4,320.
24 Bought lorry paying by cheque $ 14,300.
29 Received $324 cheque from A. Line.
30 Cash sales $980.
30 Bought stationery paying by cash $ 56.
