If the cheque is hand then it goes to bank....
and then recorded in cash book - bank column side..

THANK YOU!

What is the treatment for cheque in hand in a double column cash book?

In a double column cash book, the treatment for cheque in hand is recorded in the cash column and the bank column separately. Here is a detailed explanation of how to record the transaction:

1. Recording the receipt of cheque:
- When a cheque is received, it is treated as a receipt in the cash book.
- The amount of the cheque is entered in the receipt (cash) column on the debit side of the cash book.
- The corresponding entry is made in the bank column on the credit side of the cash book to show that the amount has been deposited in the bank.

2. Recording the deposit of cheque in the bank:
- Once the cheque is deposited in the bank, the bank will credit the customer's account and the amount will be reflected in the bank statement.
- The entry for the deposit of the cheque is recorded in the bank column on the debit side of the cash book.
- The corresponding entry is made in the cash column on the credit side of the cash book to show that the amount has been received from the bank.

3. Recording the clearance of the cheque:
- When the cheque is cleared by the bank, the entry is made to show the reduction in the bank balance and the corresponding increase in cash balance.
- The entry for the clearance of the cheque is recorded in the bank column on the credit side of the cash book.
- The corresponding entry is made in the cash column on the debit side of the cash book to show the increase in cash balance.

4. Recording the payment of cheque:
- When a cheque is issued for payment, it is treated as a payment in the cash book.
- The amount of the cheque is entered in the payment (cash) column on the credit side of the cash book.
- The corresponding entry is made in the bank column on the debit side of the cash book to show that the amount has been deducted from the bank balance.

Example:
Let's consider an example where a cheque of $500 is received and deposited in the bank. The entry in the double column cash book would be as follows:

Receipt of cheque:
Cash column (debit side): +$500
Bank column (credit side): +$500

Deposit of cheque in the bank:
Bank column (debit side): +$500
Cash column (credit side): +$500

Clearance of cheque:
Bank column (credit side): -$500
Cash column (debit side): +$500

Payment of cheque:
Cash column (credit side): -$500
Bank column (debit side): +$500

Remember, maintaining a double column cash book helps in keeping a record of both cash and bank transactions separately, allowing for better tracking and reconciliation of funds.