Anda di halaman 1dari 14

CASH BOOK

IN

COMMERCIAL ORGANIZATION

CASH BOOK
RERORD OF TRANSACTION CASH RECEIPTS AND PAYMENTS

PURPOSE OF CASH ACCOUNT DEBIT AND CREDIT SIDES


SERVES THE PURPOSE OF
BOOK OF ORIGINAL ENTRY LEDGER ACCOUNT

FEATURES OF CASH BOOK


ONLY CASH TRANSACTION ARE RECORDED PERFORMS FUNCTIONS OF LEDGER AND JOURNAL

CASH RECEIPTS ON DEBIT SIDE


CASH PAYMENTS ON CREDIT SIDE IN CHRONOLOGICAL ORDER

DATE WISE
BOOKING ORIGINAL ENTRY

TYPES OF CASH BOOK


SINGLE COLUMN CASH BOOK
ORDINARY CASH ACCOUNT
Dr
DATE PARTICULARS

Cr.
LF
AMOUNT DATE PARTICULARS

LF

AMOUNT

CR

RULE OF ACCOUNTING
RECEIPTS ON LEFT SIDE
PAYMANTS ON RIGHT SIDE WHAT COMES IN --WHAT GOES OUT ---

DEBIT
CREDIT

DOUBLE COLUMN CASH BOOK


ONE FOR CASH OTHER FOR DISCOUNT Dr
DATE 1 PARTICULARS 2 LF 3 DISCOUNT 4 AMOUNT 5

Cr
DATE 6 PARTICULARS 7 LF 8 DISCOUNT 9 AMOUNT 10

NORMALLY USED IN CASH CROPS OTHER COMMERCIAL VENTURES ALSO CASH RECEIVED OR PAID DISCOUNT ALLOWED OR RECEIVED DISCOUNT ON DEBIT -- ALLOWED DISCOUNT ON CREDIT -- RECEIVED

THREE COLUMN CASH BOOK


ONE EACH FOR CASH & BANK AND ONE FOR DISCOUNT
Dr
DATE 1 PARTICULARS 2 LF 3 DISCOUNT 4 CASH 5 BANK 6

Cr.
DATE 7 PARTICULARS 8 LF 9 DISCOUNT 10 CASH 11 BANK 12

ONE BANK ACCOUNT DEBIT THE RECEIVER CREDIT THE GIVER


TRANSACTION WITH BANK IN BANKS COLUMN USE OF WORD CONTRA C IN LF COLUMN
CASH DRAWN ON DEBIT SIDE & ON THE CREDIT SIDE CASH DEPOSITED ON DEBIT SIDE & ON CREDIT SIDE

BANK ACCOUNT & CASH BOOK


Bank Account is to be opened and maintained with the nearest branch of the Bank,

It should be a Accredited /Current Account,

In the case of Organization like Kendriya Vidyalaya it should be in the Name of School, All Accounts are to be operated jointly by the authorized signatories in the Management or any nominee in case it exceeds the prescribed limit.

CHEQUES NOT TO RECORD IN CASH BOOK


Account Payee Cheque in in Personal Name issued by the Accounts wing,

Cheque issued by the Cheque drawing DDO, (GAR-4)

Cheques in favour of the Accounts wing or endorsed/accepted meant for deposit in the accredited Bank. (GAR-5)

HANDLING OF RECEIPTS
All Receipts and Payments are to be entered in Cash Book as soon as received, Self Cheque drawn by DDO to be entered in Cash Book on the same day, Physical verification of Cash balance, Remittance of Receipts,

CORRECTIONS
MODIFICATIONS

USE OF RED PEN

ALTERATIONS

ERASING OF ENTRIES

CORRECTIONS

CORRECTION OF ERROR

REPLACEMENT OF ONE ENTRY BY ANOTHER

IMPORTANT POINTS
PERMANENT ADVANCE RECOUPMENT OF IMPREST REMITTANCE INTO THE BANK ADVANCE PAYMENTS POST DATED CHEQUES CONTINGENT EXPENDITURES

MISCELLENEOUS EXPENDITURE
VOUCHERS

Anda mungkin juga menyukai