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  • cash receipt journal is used to record money received by the business during calendar month as previously mentioned ,when money is received by the business for capital
  • Debit Asset a/c if asset a/c is bought and credit Cash a/c OR if these are sundry supplies debit that head and credit cash accept.we have some confusion about format of cash recipts.is it true?
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13y ago

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[Debit] Equipment [Credit] Cash / bank (half) [Credit] Tenant


What is a receipt journal?

cash receipt journal is used to record money received by the business during calendar month as previously mentioned ,when money is received by the business for capital


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