single entry
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 July 2011
1.in single entry system how do we get to know which transaction is cash and bank.
2.when cash is received from sales and a portion of this amount is deposited into bank and other used for sundries ,how will we treat this in cash book.Is it contra entry?pls explain
2.when cash is received from sales and a portion of this amount is deposited into bank and other used for sundries ,how will we treat this in cash book.Is it contra entry?pls explain
16 July 2011
With the help of double column cash book
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