Two Column Cash book. What is happening to cash? Losing or gaining cash.

Debit means gaining

Credit means losing

Two columns

 Cash (at hand)

 Bank (cheque)

Nova Advisory Services’ Two Column Cashbook for the month of June 2021.

Debit/gain Credit /loss

Date Details Cash Bank Date Details Cash Bank

1st Capital 20,000,000 43,000,000 3rd Purchases 3,000,000 12,000,000
5th Sales 60,000,000 6th Bank 3,000,000
6th Cash 3,000,000 8th Drawings 400,000
10th Motor 35,000,000 11th Cash 1,000,000
vehicle
11th Bank 1,000,000 18th Drawings 300,000
23rd Bear 20,000,000
Limited
30th Sales 9,000,0000 24,000,000 30th Balance 58,600,000 136,700,000
c/d
65,000,000 150,000,000 65,000,000 150,000,000
st
1 Balance 58,600,000 136,700,000
July b/d

b/d brought down c/d carried down

Sales > sold goods

Purchases > purchased goods

Debit side Credit Side

Cash 65,000,000 6,400,000

Bank 150,000,000 13,300,000