Single Column Cash Book


Single Column Cash Book:

Learning Objectives:

  1. Define and explain single column cash book.

  2. Prepare a single column cash book.

Definition and Explanation:

Single column cash book records only cash receipts and payments. It has only one money column on each of the debit and credit sides of the cash book. All the cash receipts are entered on the debit side and the cash payments on the credit side.

While writing a single column cash book the following points should be kept in mind:

  1. The pages of the cash book are vertically divided into two equal parts. The left hand side is for recording receipts and the right hand side is for recording payments.

  2. Being the cash book with the balance brought forward from the preceding period or with what we start. It appears at the top of the left side as “To Balance” or “To Capital” in case of a new business.

  3. Record the transactions in order of date.

  4. If any amount of cash is received on an account, the name of that account is entered in the particulars column by the word “To” on the left hand side of the cash book.

  5. If any amount is paid on account, the name of the account is written in the particulars column by the word “By” on the right hand side of the cash book.

  6. It should be balanced at the end of a given period.

Posting:

The balance at the beginning of the period is not posted but other entries appearing on the debit side of the cash book are posted to the credit of the respective accounts in the ledger, and the entries appearing on the credit side of the cash book are posted to the debit of the proper accounts in the ledger.

Format of the Single Column Cash Book:

Following is the format of the single column cash book:

Date Particulars L.F. Amount Date Particulars L.F. Amount

Example:

Write the following transactions in the simple cash book and post into the ledger:

1991
Jan. 1 Cash in hand 15,000
”  6 Purchased goods for cash 2,000
”  16 Received from Akbar 3,000
”  18 Paid to Babar 1,000
”  20 Cash sales 4,000
”  25 Paid for stationary 60
”  30 Paid for salaries 1,000
”  31 Purchased office furniture 2,000

Solution:

Cash Book

Date Particulars L.F. Amount Date Particulars L.F. Amount
1991
Jan. 1
16  
20  
To Balance b/d
To Akbar
To sales a/c
To Balance b/d
15,000
3,000
4,000

22,000

15,940
Jan. 6
18  
 25  
30  
31  
By Purchases a/c
By Babar
By stationary
By Salaries a/c
By Furniture a/c
By Balance c/d
2,000
1,000
60
1,000
2,000
15,940

22,000

Akbar

1991
Jan. 16


By Cash

$
3,000

Sales Account

1991
Jan. 2


By Cash

$
4,000

Purchases Account

1991
Jan. 6


To Cash

$
2,000



Babar Account

1991
Jan. 18


To Cash

$
1,000



Stationary Account

1991
Jan. 25


To Cash

$
60



Salaries Account

1991
Jan. 30


To Cash

$
1,000



Furniture Account

1991
Jan. 31


To Cash

$
2,000



You may also be interested in other articles from “subdivision of journal” chapter:

  1. Definition and Explanation of Cash Book
  2. Single Column Cash Book
  3. Two Column Cash Book/Double Column Cash Book
  4. Three Column Cash Book
  5. Bank Reconciliation Statement
  6. Petty Cash Book
  7. Purchases Day Book
  8. Purchases Returns Book
  9. Sales Day Book
  10. Sales Returns Book
  11. Bills Receivable Book
  12. Bills Payable Book
  13. Journal Proper

Other Related Accounting Articles:

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