cheque received from navin endorsed to pravinin full settlement of his account for 9800 rs how should this - Accountancy -

Question

cheque received from navin endorsed to pravinin full settlement
of his account for 9800 rs how should this transaction be recorded
in triple column cash book?

Jayati Jawa · Accepted Answer

Hey,
This transaction shall be recorded in the cash book as
under:

Cash
Book
(Double
Column – Cash and Bank )

Dr
RECEIPTS
PAYMENTS
Cr

Date
Particulars
L
F
Cash
(Rs)
Bank
(Rs)
Date
Particulars
L
F
Cash
(Rs)
Bank
(Rs)

2014

Navin

9,800

Pravin

9,800

Note:
If
cheque is endorsed on the same day, it will not appear in the Cash
Book A journal entry in Journal Proper will be passed for the
same

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Cash Book (Double Column – Cash and Bank )
Dr.	RECEIPTS				PAYMENTS				Cr.
Date	Particulars	L.F.	Cash (Rs)	Bank (Rs)	Date	Particulars	L.F.	Cash (Rs)	Bank (Rs)
2014					2014
	Navin		9,800			Pravin		9,800

cheque received from navin endorsed to pravinin full settlement of his account for 9800 rs...how should this transaction be recorded in triple column cash book?