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Single Column Cash Book


The single column cash book records all cash transactions of the business in a chronological order. The cash book contains only one amount column on each (debit and credit) side. The format of single column cash book is shown below:
Cash Book
Dr. Cr.

Date

Particulars

L.F.

Amount

Rs.

Date

Particulars

L.F.

Amount

Rs.

               

An example for recording of entries in the single column cash book and its balancing is shown below:

Problem#1
Consider the following transactions of M/s Ram Traders observe how they are recorded in a single column cash book.

Nov. 01 Cash in hand 30,000
Nov. 04 Cash received from Gurmeet 12,000
Nov. 08 Insurance paid (Annual Installment) 6,000
Nov. 13 purchased furniture 13,800
Nov. 16 sold goods for cash 28,000
Nov. 17 purchased goods from Mudit in cash 17,400
Nov. 20 Purchase stationery 1,100
Nov. 24 Cash paid to Rukmani in full settlement of account 12,500
Nov. 27 sold goods to Kamal for cash 18,200
Nov. 30 Paid monthly rent 2,500
Nov. 30 Paid salary 3,500
Nov. 30 Deposited in bank 8,000

Solution:
M/s.Ram Traders
Cash book
Dr. Cr.

Date

Particulars

L.F.

Amount

Rs.

Date

Particulars

L.F.

Amount

Rs.

2005

Nov. 01

Nov. 04

Nov. 16 Nov. 27

 

 

 

 

 

 

 

 


Dec.01

Balance b/d

Gurmeet

Sales

Sales

 

 

 

 

 

 

 

 

 

Balance b/d

 

30,000

 12,000

 28,000

 18,200

 

 

 

 

 

 

 

______

88,200

______

23,400

2005

Nov. 08

Nov. 13

Nov. 17

Nov. 20

Nov. 24

Nov. 30

Nov. 30

Nov. 30

Nov. 30

 

 



Insurance

Furniture

Purchases

Stationery

Rukmani

Rent

Salary

Bank

Balance c/d

 

 

6,000

13,800

17,400

1,100

12,500

2,500

3,500

8,000

23,400

 


______

88,200

_____

 

Posting of the Single Column Cash Book


It can be noticed from the above example that the receipts of cash are shown on the left side and payments on the right side of the cash book. The accounts appearing on then debit side for the cash book are credited in the respective ledger accounts because cash has been received in respect of them. Thus, in our example, an entry 'cash received from Gurmeet' appears on the debit side of the cash book conveys that the cash has been received from Gurmeet. Therefore, in the ledger, Gurmeet's account will be credited by writing 'Cash' in the particulars column on the credit side. Similarly, all the account names appearing on the credit side of the cash book are debited as cash/cheque has been paid in respect of them. Now, we can see how the transactions in our example are posted to the related ledger accounts:

Books of Ram Traders

Gurmeets Account
Dr. Cr.

Date

Particulars

J.F.

Amount

Rs.

Date

Particulars

J.F.

Amount

Rs.

       

2005

Nov 04

 

Cash

 

 

12,000


Sales Account
Dr. Cr.

Date

Particulars

J.F.

Amount

Rs.

Date

Particulars

J.F.

Amount

Rs.

       

2005

Nov 16

Nov 27

 

Cash

Cash

 

 

 

28,000

18,200

 
Insurance Account
Dr.  Cr.

Date

Particulars

J.F.

Amount

Rs.

Date

Particulars

J.F.

Amount

Rs.

2005

Nov 08

Cash

 

6000

       

Furniture Account      
Dr. Cr.

Date

Particulars

J.F.

Amount

Rs.

Date

Particulars

J.F.

Amount

Rs.

2005

Nov 13



Cash

 



13800

       

Purchases Account
Dr. Cr.

Date

Particulars

J.F.

Amount

Rs.

Date

Particulars

J.F.

Amount

Rs.

2005

Nov 17



Cash

 



17400

       
 
Stationery Account    
Dr. Cr.

Date

Particulars

J.F.

Amount

Rs.

Date

Particulars

J.F.

Amount

Rs.

2005

Nov 20



Cash

 



1100

       
Rukmanis Account
Dr. Cr.

Date

Particulars

J.F.

Amount

Rs.

Date

Particulars

J.F.

Amount

Rs.

2005

Nov 24



Cash

 



12500

       
Rent Account
Dr. Cr.

Date

Particulars

J.F.

Amount

Rs.

Date

Particulars/B>

J.F.

Amount

Rs.

2005

Nov 30



Cash

 



2500

       

Salary Account
Dr. Cr.

Date

Particulars

J.F.

Amount

Rs.

Date

Particulars

J.F.

Amount

Rs.

2005

Nov 30



Cash

 



3500

       

Banks Account
Dr. Cr.

Date

Particulars

J.F.

Amount

Rs.

Date

Particulars

J.F.

Amount

Rs.

2005

Nov 30



Cash

 



8000

       




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