CBSE Class 11-commerce Answered
To which side of the ledger accounts are the
transactions in the receipt side of the cash book posted?
Asked by Topperlearning User | 01 Jul, 2016, 03:14: PM
Expert Answer
Receipt side of the cash book is posted on the credit side of the ledger account. For example, if Sheela pays Rs.4000, the receipt entry is passed in the cash book and Sheela’s account is credited in the ledger.
Answered by | 01 Jul, 2016, 05:14: PM
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ANSWERED BY EXPERT
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ANSWERED BY EXPERT
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ANSWERED BY EXPERT