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Which Entries comes in Receipts & which entries in
Payments,any payment & Income is received through cheque
that entries will appear in it or we have to pass it in journal.
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Answer Posted / suhas1984
income related enteries comes in receipts and payment
related enteries comes in payment side, talking about the
journal entries if you are maintaining billwise detials it
is necessary to passed a journal entry for a particular
ledger to match.
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