Similarities of cash book with Journal
(1)Just like a journal,transactrion in the cash book are recorded date wise i.e,in a chronological order,as and when they take place.
(2)Just like a journal,transaction in the cash book are recorded for the first time from source documents.
(3)Just like a journal,transaction from cash book are also posted to the relevent accounts (except cash accounts) in the ledger.
(4)Just like a journal, a cash book also contains a ledger Folio Column.
(2)Just like a journal,transaction in the cash book are recorded for the first time from source documents.
(3)Just like a journal,transaction from cash book are also posted to the relevent accounts (except cash accounts) in the ledger.
(4)Just like a journal, a cash book also contains a ledger Folio Column.
No comments:
Post a Comment