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Why a cashbook is called Journalised ledger?
Cash book is a journal because the transactions are recorded in it for the first time from the source of document and from journal these transactions are posted to the respective account in the ledger. We can say cash book is a ledger also in the sense that it serves the purpose of cash account also.As such cash book is journal as well as ledger, and hence it may call journalised ledger.
What are the types of cash book?
simple cash book petty cash book bank calsh book double cash book
Which cash book is usually maintained by the farmer?
petty cash book
How to maintain petty cash book?
Maintaining a petty cash book can be simple as long as a person makes sure to keep up on transactions regularly. Most petty cash books are maintained by listing receipts and their purchase purpose along with the date and a brief explanation.
What is petty cash book?
A petty cash book is a book of vouchers which are prepared each time a disbursement is made from petty cash. The voucher would show the date, amount, recipient, purpose and general ledger account number relating to the expense. The person giving out the petty cash and the person receiving the petty cash would sign the voucher and any supporting documentation (such as receipts) would be attached.
What is called as petty cash book?
petty cash book is the book which is used for the purpose of recording the payment of petty cash expenses.
What is the purpose of petty cash book why some of the organization is always keep the petty cash as important tools for their daily expenses(internal)?
so you can keep cash
Why a cashbook is called Journalised ledger?
Cash book is a journal because the transactions are recorded in it for the first time from the source of document and from journal these transactions are posted to the respective account in the ledger. We can say cash book is a ledger also in the sense that it serves the purpose of cash account also.As such cash book is journal as well as ledger, and hence it may call journalised ledger.
What are the types of cash book?
simple cash book petty cash book bank calsh book double cash book
What is the purpose of petty cash book why some of organization is always keep the petty as important tools for their daily expenses bank internal?
so you can keep cash
Which cash book is usually maintained by the farmer?
petty cash book
How to maintain petty cash book?
Maintaining a petty cash book can be simple as long as a person makes sure to keep up on transactions regularly. Most petty cash books are maintained by listing receipts and their purchase purpose along with the date and a brief explanation.
What is petty cash book?
A petty cash book is a book of vouchers which are prepared each time a disbursement is made from petty cash. The voucher would show the date, amount, recipient, purpose and general ledger account number relating to the expense. The person giving out the petty cash and the person receiving the petty cash would sign the voucher and any supporting documentation (such as receipts) would be attached.
Difference between petty cash and main cash book?
cash book is the statement which contain's the total cash information . the information includes "cash in hand & cash at bank" petty cash book is maintain by company to meet their daily expenditure
What is cash book with bank column?
Cash book with bank column is double column cash book.
Types of cash book?
types of cashbook: single column cash book double column cash book triple column cash book one more type is petty cash book.. hope the answer satisfies you!!
How is cash cash book a both book of prime entry and ledger account?
how is cash book both a book of prime entr and an account
