Page 103 - DMGT104_FINANCIAL_ACCOUNTING

Unit 6: Subsidiary Books

Salman Account Notes
1991 ( )
Jan. 25 By Cash 500
By Discount 15

Babar Account
1991 ( )
Jan. 18 To Cash 1,000

Zahoor Account

1991 ( )
Jan. 15 To Cash 500
By Discount 15

Purchases Account

1991 ( )
Jan. 20 To Cash 300

Hussain & Sons

1991 ( )
Jan. 27 To Cash 300

Furniture Account
1991 ( )
Jan. 28 To Cash 100

Rent Account

1991 ( )
Jan. 31 To Cash 100

Discount Account
1991 ( ) 1991 ( )
Jan. 31 To Sundries as per Jan. 31 By Sundries as per
Cash book 25 Cash book 15

6.2.3 Three or Triple Column Cash Book

This type of Cash Book is used by the big business organisations because (i) there is large
number of transactions and (ii) receipts and payments are through cheques. Under these Cash
Book three columns meant for (A) Discount, (B) Cash, and (C) Bank, are shown on both the sides
of the Cash Book. Other columns remain as usual. This Cash Book contains three columns; hence
it is termed as Three Column Cash Book.
In the debit side of Triple Column Cash Book, cash receipt, cheque receipts and cash discount
columns respectively. Similarly in the credit side of Triple Column Cash Book payment of cash,
payment by cheque and cash discount received are recorded in Cash, Bank and Discount columns
respectively. The transactions which affect cash and bank account at a time are called contra

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