In a three-column cash book, dishonored cheques will be shown on the
Answer Details
In a three-column cash book, dishonored cheques will be shown in the bank column (debit). The three-column cash book is a record-keeping tool used to track cash transactions in a business. The three columns in the cash book are typically labeled as cash, bank, and discount/interest.
When a cheque that was deposited into the bank account is returned due to insufficient funds, it is considered to be dishonored. In this case, the bank column (debit) would be used to reflect the decrease in the company's bank balance, as the amount of the dishonored cheque would be subtracted from the total bank balance. This helps to accurately track the company's cash flow and financial position.