difference between cash book and bank book?
Answer Posted / ankit pansuriya
Cash Book: All cash transactions are entered in the cash
book straightway, and ledger accounts are prepared on the
basis of such records. Hence, Cash Book is considered as a
Subsidiary book. Cash book is again a ledger and a
principal book since, it serves as cash account and book
account, the balances of which are recorded in the traial
balance directly. Cash book has debit and credit sides.
All receipts are entered on the debit side and all payments
are enetered on the credit side. It is maintained under
the Double entry principle.
Feature of Cash Book:
1. All cash receipts are cash payments are entered
chronologically in the cash book
2. It never shows a credit balance
3. It serves both the functions of Jounal and Ledger
sumultaneously.
Is This Answer Correct ? | 5 Yes | 3 No |
Post New Answer View All Answers
In the case of Internal Reconstruction of company Accrued Int. On debenture / Outstanding int. On debenture transfer or not in capital reduction a/c . Explain
when will be appsc exams will held pls give me the dates
i have cleared c.s inter. for the purpose of training i want to know the companies who are providing training of c.s in punjab state.please help me in this.
what is meant by search report of the company n why is it prepared?
analyses of Cost control
Is form 38 mandatory to issue c form in up. thru online mode
Is it possible to list only a portion of Equity Shares leaving the balance as unlisted?
STATE THE DIFFERENCE BETWEEN BANKING FIS AND NON BANKING FIS
why your choseing bank of america
what is mean by tax holiday?
I want to validate Customer credit payment with customer invoice, When billing time, the system check the customer credit payment, if customer credit is lesser than customer bill, system should not allow the billing further process. Can I configure in sap
Can anybody tell when sbh dispatches appointment letters for Clerical for people completed medical and scrutiny of documents on 15/08/09?
how to solve the problem of sechdule date problem in sap proframme.
sir i want aao lic exam model question paper
Information regarding shop & establishment registration of propiertor ship & require document for this