I Am Doing A 3 Column Cash Book And Need To See Examples. Do You Know Where I Can Review Examples? I Know Basic Accounting, But Nothing About 3 Column. Please Help.

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Connor Sephton Profile
Connor Sephton answered
If you’re getting ready to take the quantum leap from doing basic accounting into becoming more advanced in your financial bookkeeping abilities, you’ll need to master three-column cash books. There isn’t anything to worry about, especially as there are extensive educational resources on specialist accounting websites that have been designed to give free advice to both beginners and experts in the industry. One of the first online portals that you should visit is www.accountingformanagement.com/three_column_cash_book.htm Not only will this page explain the purpose of three columns found in this type of cash book, but you’ll be given clear instructions on how to manage the records within this book properly.

Indeed, you may wish to cast your net further and look for other websites that will provide detailed examples of what a three-column cash book should be like. In order to make the most out of a resource, you should be able to clearly see how information has been inputted into the cash book and why. If you don’t understand the reasons why a certain number or calculation goes into the middle column, for example, how will you be able to apply this knowledge when you are managing someone’s books?

The best way to get on the right foot with this new challenge in your accounting career is to get the relevant equipment. Online, you are able to buy three-column cash books where the template is all set out and printed ready for you to use. Sometimes, just seeing the online of how these accounting records should be presented can be the best way to get an intricate understanding of what you need to do. Good luck!
Anonymous Profile
Anonymous answered
At 1 september the financial position of Sara Young"s business was
Cash in hand 80
Balance at bank 900
Accounts receivable AB 200
  CD 500
  Ef 300
Inventory 1000
Accounts payable Gh 600
  Ij 1400

During september
THE THREE DEBTORS SETTLED THEIR ACCOUNTS BY CHEQUE SUBJECT TO A 4% DISCOUNT
a CHEQUE OF 100 WAS CASHED FOR OFFICE USE
GH WAS PAID BY CHEQUE SUBJECT TO 7.5% CASH DISCOUNT
IJ ACCOUNT WAS SETTLED SUBJECT TO A DISCOUNT OF 5 % BY CHEQUE
WAGES OF 130 WERE PAID IN CASH

OPEN A THREE COLUMN CASH BOOK AND THE ACCOUNTS FOT THE ACCOUNTS RECEIVABLE AND ACCOUNTS PAYABLE AT 1 SEPTEMBER
RECORD THE ABOVE TRANSACTIONS FOR SEPTEMBER
Anonymous Profile
Anonymous answered
I need to see a format
Anonymous Profile
Anonymous answered
Refer accountancy book from p tulsian (this is textbook for mba )

or the one from B.S.RAMAN ( this book is basically for puc commerce students it is easy to understand)
Anonymous Profile
Anonymous answered
Yes I need to more example about 3columncash book
Anonymous Profile
Anonymous answered
The following persons paid us their account by cheque. In each case, they deducted 5% cash discount: Okere- $80, Kamaka- $60, KuKu Hill -$20, Jimoh- $120

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