Single column cash book is the cash book in which we show only cash column both side of cash book. We do not make cash account. This type of cash book complete the double entry system of cash account. Following is the example of single column cash book.
1st Example :
Making of Simple Cash Book (Single Column Cash Book )
Mr. M starts business with Rs. 20,000 on 1st April 2012. Of this he pays Rs. 15000 into his bank account. His cash transactions during the week were:
April 1 Purchased stationery for cash Rs. 100
April 2 Purchased goods for cash Rs. 2500
April 2 Cash Sales Rs.1500
April 3 Received from J Brown Cash on account Rs. 1000
April 4 Paid to J. R Cash Rs. 2200
April 5 Paid for Advertisement Rs. 400
April 6 Cash Sales Rs. 1800
April 6 Purchased old machinery Rs. 800
April 6 Purchase from sham on credit Rs. 6000
Make out a single column cash book .
Remember : Cash book never records credit transactions. So, we will not record of purchase from sham on credit in cash book.
1st Example :
Making of Simple Cash Book (Single Column Cash Book )
Mr. M starts business with Rs. 20,000 on 1st April 2012. Of this he pays Rs. 15000 into his bank account. His cash transactions during the week were:
April 1 Purchased stationery for cash Rs. 100
April 2 Purchased goods for cash Rs. 2500
April 2 Cash Sales Rs.1500
April 3 Received from J Brown Cash on account Rs. 1000
April 4 Paid to J. R Cash Rs. 2200
April 5 Paid for Advertisement Rs. 400
April 6 Cash Sales Rs. 1800
April 6 Purchased old machinery Rs. 800
April 6 Purchase from sham on credit Rs. 6000
Make out a single column cash book .
Dr. | Cash Book | Cr. | |||||||
Date | Receipts | V.No. | L.F. | Amount | Date | Payments | V.No. | L.F. | Amount |
April 1, 2012 | To Capital a/c | 20000 | April 1, 2012 | By Bank a/c | 15000 | ||||
April 2 | To Sale a./c | 1500 | April 1 | By Stationery a/c | 100 | ||||
April 3 | To J. Brown a/c | 1000 | April 1 | By Purchase a/c | 2500 | ||||
April 6 | To Sales a/c | 1800 | April 4 | By J.R. a/c | 2200 | ||||
April 5 | By Advertisement a/c | 400 | |||||||
April 6 | By Machinery a/c | 800 | |||||||
April 6 | By Bal. c/d | 3300 | |||||||
24300 | 24300 | ||||||||
April 7 | By Bal. b/d | 3300 |
Remember : Cash book never records credit transactions. So, we will not record of purchase from sham on credit in cash book.