Single Column Cash Book: Learning Objectives: Define and explain single column cash book. Prepare a single column cash book. Definition and Explanation: Single column cash book records only cash receipts and payments. It has only one money column on each of the debit and
Subdivisions of Journal
Subdivisions of journal are the division of journal in parts. Subdivisions of Journal are beneficial because it reduces the pressure on other journals. Subdivisions of Journal are Special Journal and General Journal.
Sales Returns Book: Learning Objectives: Define and explain sales return book. What is a credit note? Prepare a sales returns book and post into ledger. Definition and Explanation: Sales returns book is also called returns inwards book. It is used for recording goods returned
Sales Day Book: Definition and Explanation: A sales book is also known as sales day book is a book of original entry in which are recorded the details of credit sales made by a businessman. Total of sales book shows the total credit sales