Posted on September 13th, 2009 by
kclim in
Fundamental Accounting Principles
Cash Book is used to record cash transactions. However, due to the fact that there is a difference between cheques and the “hard cash”, normally these two types of transactions are recorded in two separate Books of Original Entry – Cheques transactions i...
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Tagged As: accountancy, accounting, books of original entry, cash book, cash payment journal, cash receipts journal, free accounting lessons, what is cash book
Posted on September 12th, 2009 by
kclim in
Fundamental Accounting Principles
It is important that you know the type of documents commonly used to record the occurrence of transactions (Can you think of any examples?). Some of them are:- Official receipts Normally you will get these when you make payment over the counter to the cashier ...
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Tagged As: accountancy, accounting, accounting documents, books of original entry, double entry, equity, free accounting lessons, income statement, laibilities, purchases cycle, sales cycle, what is cash book
