Receipt :
When a trader receives cash from a customer. He issue a receipt containing the date, amount and the name of the customer. The original copy of receipt is given to the customer and its duplicate copy is kept for making records in the books of accounts. In the same way whenever we make payment we obtain a receipt from the party to whom we make payment . on next page you may find the 2 original copy of this receipt in white and pink color for your exercise.
Now we go for next step according to above given picture. We are already complete transaction recording process.
When a trader receives cash from a customer. He issue a receipt containing the date, amount and the name of the customer. The original copy of receipt is given to the customer and its duplicate copy is kept for making records in the books of accounts. In the same way whenever we make payment we obtain a receipt from the party to whom we make payment . on next page you may find the 2 original copy of this receipt in white and pink color for your exercise.
Right formula accounting basi account
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