Pptcashbooknavneetmishra 141114231440 Conversion Gate02 (1)

8/19/2019 Pptcashbooknavneetmishra 141114231440 Conversion Gate02 (1)

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ash book• Presentation by:-• Anshuman• Manav• Sourabh

Presented to-

MR.Manoj

sharma.


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C A S H B O O K


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Cash book is the special journal whichis used for recording all cashtransactions. It may be defined as thebook in which transactions arerecorded in detailed particulars of all

money received and paid.Cash book is divided into two parts ; A) Cash receipt B) Cash payment


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FEATURES F AS! " #

• o keep record of only cash transactions• All receipts are recorded in debit side• All payments are recorded in credit side•

Chronological !date wise) transaction recording of alltransactions.• "erforms function of both journal and ledger.

Date Particular Lf Cash Date Particular Lf Cash

` `

Format of Cash Book

#

r .Cr .

Receipt Payment

Debit

Credit


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o fnd out the total cashreceipts and cash paymentsduring a given period.o ascertain the balance o cash

in hand and at bank at any timewithout actually counting cashand examining Bank passbooko veri y the correctness o cash

in hand and bank.

Objects or Need of cash book


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I$"%& A'C( % CA*+ B%%,

It is both a subsidiary book and aprincipal book.It helps the trader to understand the

cash in hand and cash at bank.It gives information about

daily closing cash and bankbalance at the end of

each day.


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It is an account in theledger.

Cash account is opened inthe ledger and posting isdone in this account from

journal.-hen ransactions of

cash are recorded in journal. it is necessary to open acash A c in ledger .

It is separate book maintainedfor recording Cash transaction

.It is book of original entry because all cash transaction are f irst of all recorded in cash book and posted from cash book t

o various account in ledger -hen transactions of cash ar e recorded in Cash book/ there is no necessity to open a Cash A c in the ledger.

DIFFERENCE BETWEEN CASH ACCOUNTAND CASH BOOK

CASH ACCOUNT CASH BOO


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D i s c o ! n t


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Discount allowed is given tocustomers by the business whenthey pay their accounts quickly.

The discount allowed is put onthe debit side o the cashbook.

D"SCOUNT A##O$%D


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DISCOUNT RECEIVED

The business also receive adiscoun !ro" i s su##liers i!i #a$s i s accoun s %uic&l$and his is called discoun

received' The discoun received is #u

on he credi side o! hecashboo&'


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The discount column in theCASH BOOK are merely totalledand not balanced.

Discount account are openedagain in ledger and totals ofdiscount columns in the CASHBOOK are posted there.

Discoun colu"n is onl$

"&PORTANT TH"N' ABOUT D"SCOUNT


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• "ank verdra$t is the e%&ess amount 'ithdra'n $rom the bank a&&ount than the amount de(ositedin it.

•"ank over dra$t is re&orded in the&redit side o$ the &ash book in bank &o)umn.

Bank Overdraft


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T'o *+oub)e, o)umn as

h "ookWhen discount is allowed on

the receipt o cash anddiscount is received when

payment is made to suppliersit becomes desirable to adddiscount column along with

h n th i th h


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Forma t o$ +o ub)e o)um ns a

sh "ook

Dat e

articulars !."

Discount Cash Dat e

articul ars

!."

Discount Cash

` ` ` `

#r . Cr.

Receipt Payment

Disco!nt a((o)ed Disco!nt recei*ed


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Forma t o$ +o ub)e o)um ns a

sh "ook

Date Particulars L.F Bank Cash Date Particular s

R.No. L.F

Bank Cash

` ` ` `

#r . Cr.

Amo!nt Amo!nt

Receipt Payment


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Some transactions are recorded in aCash book and bank book ,i.e., balanceof one decreases and that of the otherincreases due to such transactions.Such transactions are entered on bothsides of the cash book. Such entriesare known as Contra Entries. It isdenoted by

C


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E(a"#le(a"#le o! con ra en ri

!an " #$%%% rom o&ce and deposited in bank!an ' # ()%% are withdrawn or o&ce use

Date *articular

+ . ,ash-#

Bank -# Date *articular

+ . ,ash-#

Bank-#

!an. " To cash , / $%%% !an." Bybank

, $%%% /

!an . ' To bank , ()%% / !an . ' Bycash

, / ()%%

Dr+ CReceipt Payment


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D ATE PAR T IC U L A R L

.

D I S C

O U N T

C A S

B A N ! D ATE PAR T I C U L A R L

.

D I S C

O U N

T

C A S B A

FOR !T

#r. Cr.

Disco!nt a((o)ed Disco!nt recei*ed


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Date Particulars L.F.Discount Cash Ban& Date

Particulars L.F. Discount Cash Ban&

,-./

0an+. To Ba(anceb1d

.233- ./2343 0an . By Office%5!ip+

43-

0an . To Sa(es a1c .2/.3 0an / By Bank c 3--

0an / To Cash a1c c 3-- 0an 6 ByP!rchasesa1c

.2--3

0an 7 To A H!ssan ,233- 0an 8 By Bank c ,233-

0an 8 To Cash c ,233- 0an .6 By Sa(man 3 9.3

0an .- To Hayat han .3 443 0an ,4 By '!(:ar 63-

0an ., To Sa(es a1c .23-- 0an /- By Sa(ariesa1c

.243-

0an /. To Cash c 443 0an /. By Bank c 443

0an /. To Bank c ,3- 0an /. By Cash c ,3-

ByBa(ancedc1d

.2863

.72//-

,-./feb .

To ba(anceb1d

.2863 .72//-

Dr+ Cr+

Jan.1Purchased office typewriter for cash ) 750;cash sales ) 315Jan 31 Deposited into an! the che"ue of #ayat $han.Jan 30 Paid salaries y che"ue ) 1%750

Jan &7 Paid to 'ul(ar )h*ad y che"ue ) +50Jan 1+ Paid ,al*an ) -15 y che"ue% discount recei ed ) 5Jan 1& ,old *erchandise to Di an /ros. for ) 1%500 who paid y che"ue which

was deposited in the an!.Jan 10 ecei ed fro* #ayat $han a che"ue for ) 775 in full settle*ent of his

account and allowed hi* discount ) 15.Jan Deposited into an! the che"ue recei ed fro* ). #ussan.0an 6 Paid y che"ue for *erchandise purchased worth ) 1%005

Jan 2 ecei ed fro* ). #ussan a che"ue for) &%550 in part pay*ent of his accountJan 3 Deposited cash ) 500Jan 31 Drew fro* an! for office use

) &50.


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5 Bank charges on dishonored che1ues20 (6penses charges by the bank on

dishonored che1ues will be added into the amount of dishonored che1ues itself.

5 Amount directly deposited by a customer into our Bank A c20 -hen the information of such a deposit is receive by the trader/ it will be recorded on thedebit side of the cash book and amount will be entered in the bank column.


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5In erne allo*ed b$ he ban&+, 0nternet allowed -credited by the

bank increases the balance at bank.The entry or such interest isthere ore recorded on the debit side

in the bank column.

5 In erne char-es b$ ban&+, when interest is charged -debited bythe bank on the amount o bank over

dra t the entry is recorded on thecredit side in bank column.


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• The (etty &ashier is iven a de$inite sum

says /0 122 at the time be innin o$ a &ertain (eriod. this amount is &a))ed 3im(rest amount3.

• The (etty &ashier oes on (ayin a)) (ettysay a$ter a month the &hie$ &ashier reimburses the amount a&tua))y s(ent by the (e

tty e%(enses out o$ this im(ress amountand re&ords them in the ett &ash book

ett" Cash Book


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$ Cash Boo& /For"


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ash &o)um n o$ the &ash book ' i ) ) a ) 'ays have a

debi t ba)an&e be&ause &ash (aym ent &annot bem are than the &ash in hand .

"ank &o)um n o$ the &ash book &an e i ther debi t ba)an&e be&ause in bank &o)umn in the &ash bookre(resents bank a&&ount .

"an k a&&ou nt ' i ) ) have a &redi t ba)an&e i$ i t is overdra 'n an d ' i )) o ther ' i se have a debi t ba)an&e.


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Pptcashbooknavneetmishra 141114231440 Conversion Gate02 (1)

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