12 march
gobind settled his acc. of 6000 by cheque of 5900. cheque was deposited on 15 march
show the effect on triple column cash book
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Answer:
12march: cash A/c Dr ₹5900
Discount allowed A/c Dr ₹ 100
To Gobind A/c ₹6000
15march: Bank A/c ₹5900
To Cash A/c ₹ 5900
Explanation:
since 12 March gobind settled his A/c but did not deposited that day itself so it is still considered cash.... on 15th March the cheque was deposited so the contra entry takes place.
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