The 3 Column Cash Book

Peter Attard
 Discount

Discount Discount
Allowed Received
 Cash Book
DiscountA DiscountR
Date Details llowed Cash Bank Date Details eceived Cash Bank
Jan 1 Capital 2,000 10,000 Jan 4 Purchases 2,000

Jan 3 Sales 1,000 Jan 5 Cleaning Expenses 300

Jan 15 John Agius 4,500 Jan 10 Motor Van 6,000

Jan 15 Wages 1,500

Jan 18 Rent 400

Jan 22 General Expenses 220

Jan 25 Motor Van Expenses 315

Jan 3: Tommy owed our business €100. He paid us in
full by cheque after allowing him a discount of €5.

Cash Book
DiscountA DiscountR
Date Details llowed Cash Bank Date Details eceived Cash Bank

Jan 3 Tommy 5 95
Jan 4: Mr. Bean owed us €300. He settled the amount
due in cash after allowing him a discount of 10%

Cash Book
DiscountA DiscountR
Date Details llowed Cash Bank Date Details eceived Cash Bank
Jan 3 Tommy 5 95
Jan 4 Mr. Bean 30 270
Jan 8: Our business owed €80 to Tal-Billi Ltd. We
settled the amount due in cash after receiving a
discount of 5%

Cash Book
DiscountA DiscountR
Date Details llowed Cash Bank Date Details eceived Cash Bank
Jan 3 Tommy 5 95 Jan 8 Tal-Billi Ltd. 4 76
Jan 4 Mr. Bean 30 270
The total of the discount allowed and the total of
The discount received columns are transferred to
The accounts in the General Ledger.