Triple Column Cash book

A detailed illustration of a Triple Column Cash Book with items like cash, bank, and discount calculations, surrounded by accounting tools such as a calculator and notepad, in a professional setting.

Master the Triple Column Cash Book

Test your knowledge on the intricacies of managing a Triple Column Cash Book through this exciting quiz!

Whether you are a student of accounting or just looking to brush up on your skills, this quiz offers:

  • 10 challenging multiple-choice questions
  • Scenarios involving real-world transactions
  • Instant feedback on your answers
10 Questions2 MinutesCreated by CalculatingTree521
Feb 1 2020 Cash in hand rs. 10,000 and bank overdraft rs.20,000
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Feb 8 Rakesh bought goods from Soham for Rs.5,000 June 8 2020 Soham drew a three-month bill on Rakesh , who accepted it and returned it to Soham. Soham immediately got the bill discounted with Metropolitan Bank Ltd. at 10% p.a. However, on the due date, Rakesh dishonored the bill and the bank paid Rs.100 for noting charges.
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Honoured our own acceptance by cheque of Rs 40,000
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Sold goods to Sunil for Rs 80,000, received 40% by cheque and 20% by cash , allowed 5 % CD and also paid cartage of Rs 2500 on his behalf by cheque
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Received from Prem Chand a cheque for rs.1875 in full settlement of his account of rs.1900. The cheque was banked on the same day
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March 18- Received a post dated cheque (dated: 23 march,2021) from Seema for Rs. 15000, discounted from bank paying discounting charges Rs 750
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Mohit, who owed us 3000 declared insolvent and 60 paise in a rupee was received from him.
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Received bank advice that they have debited account for interest on overdraft Rs. 1100 and credited our account for dividend collected Rs. 7000
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Sold investment costing 5000 for 7500 against a cheque
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April 11-Received from an outstation customer a net amount by a cheque of rs.14630 after allowing 5% discount. The cheque was deposited into the bank on 12th April. The bank debited rs.25 as collection charges
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