Cash book posting :
The various items appearing on the debit side and credit side are posted as under :
Posting of item appearing on debit side
1.all the receipt appearing on the debit side are posted to the credit of the respective ledger account in the ledger by writing ' by Cash/bank a/c ' in the particular column since cash/ cheque has been received in respect of them.
2. An individual entry in the discount allowed column is posted to the credit of the respective personal accounts in the ledger by writing ' by discount allowed a/c 'in the particulars column.
3.the total of discount allowed columns on the debit side is posted to the debit of the ' by discount allowed a/c' in the ledger by writing' to sundries as per cash book ' in the particular column.
To be continue.....credit side
The various items appearing on the debit side and credit side are posted as under :
Posting of item appearing on debit side
1.all the receipt appearing on the debit side are posted to the credit of the respective ledger account in the ledger by writing ' by Cash/bank a/c ' in the particular column since cash/ cheque has been received in respect of them.
2. An individual entry in the discount allowed column is posted to the credit of the respective personal accounts in the ledger by writing ' by discount allowed a/c 'in the particulars column.
3.the total of discount allowed columns on the debit side is posted to the debit of the ' by discount allowed a/c' in the ledger by writing' to sundries as per cash book ' in the particular column.
To be continue.....credit side
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