DBA 202 - Basics Account With Financial Management, Balancing The Single Column Cash Book & Cash In Hand - Accounting Assignment Help

Assignment Task

Questions
1. What are the different types of cash books?
2. What is a simple cash book?
3. What is three column cash book?
4. What is a cash discount?
5. What is a trade discount?
6. Write the resembles the book of prime entry in the cash book
7. Discuss the Importance of a cash book.
8. Explain the Balancing the Single Column Cash Book.

9. Enter the following transactions in a single column cash book of Seshadri for May 2017. May
 1 Cash in hand 40,000
 5 Cash received from Swathi 4,000
 7 Paid wages in cash 2,000
 10 Purchased goods from Sasikala for cash 6,000
 15 Sold goods for cash 9,000
 18 Purchased computer 15,000
 22 Cash paid to Sabapathi 5,000
 28 paid salary 2,500
 30 Interest received 500

10. Enter the following transactions in a single cash book. 1995 Jan
 Cash in hand 1,200
 5. Received from Ram 300
 7. Paid rent 30 8. Sold goods for cash 300
 10. Paid Shyam 700
 27. Purchased furniture 200
 28. Paid salaries 100
 31. Rent due not yet paid for January 30
 

From the following transactions prepare three column cash book of Udhayakumar 2017 ` Sep
1 Cash balance 25,000 1 Bank Balance (cr.) 13,070
3 Paid into bank 15,000
4 Received cash from Shyamala & Co., 9,380 Discount allowed to them ` 120
10 Goods sold for cash 7,600
11 Cash purchases 11,750
12 Gave Padma a Cheque for ` 21,375 and was allowed a discount of 125
18 Purchased a printer by cheque 7,600
23 Received cash from Rajasekar 14,320 Discount allowed to him ` 180

Outcomes:
1- Understand the meaning and functions of Cash Book with basic accounting terminologies
2- Understand the features of Single column, Double column, and Three column Cash books
3- Analyze and Enter the transactions on the different cashbook columns in accounting.

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