What is the main difference between cashbook and ledger?

Answer 1

cash book contains on one side receipt and other side payments of specific date. for example if a cashier receives 10000/- in cash book on receipt side and paid 2000/- towards stationery, 6000/- towards entertainment and 2000/- towards utility bills. He will enter these amounts in payment side of cash book and make a total in the end by 10000/- and make sure that receipts and payments are equal. Cash Book
Receipts Payments
dated Particulars Amount Dated Particulars Amount
10-10-2009 revd vide chq no. 10000/- 10-10-09 paid for stationery 6000/-
123 dated 10-10-09 items
'''' paid for entnment 2000/-
''' paid for utility bills 2000/-
total receipts Rs. 10000/- Total Paid 10000/-
Ledger contains different accounts heads, cashier handed over payment vouchers of above payments to the accountant of that firm and the accountant then post the above payment to their respective ledger each.


Printing & Stationery--Ledger


dated Particulars debit credit balance
10-10-2009 Paid for printing
papers for office use 6000/- 6000/-