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what is exact entry for cash receipts and cash payments?
did sales n purchases invoices are issued to this receipts
n payments?
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Answer Posted / ravi
purchase a/c ...........dr
to cash a/c.........cr
(it is cash payment)
cash a/c............dr
to sales a/c.....cr
(it is cash receipt)
ravi
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sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method
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