prepare theree column cash book from the following details
on 3/2/06
1 balance (in hand) in the beginning 25,000.
2 recived chaque from x worth 5,000
3 deposited the same cheque into bank on next day
4 deposited 5000 into bank
5 withdrew 1,000 for personal use
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Answer Posted / vishalgoel88@yahoo.com
A 3 colum cash book is one which there are three colums in each side. debit and credit side. One is used to record cash transactions the second is used to record bank transactions. Third one is used to discount received and paid.
Closing balance in Cash a/c 20000 & Bank a/c 9000
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