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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
answered-by-expert 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
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 01 Jul, 2016, 03:14: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
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Asked by Topperlearning User | 08 Jul, 2016, 09:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 08 Jul, 2016, 09:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 08 Jul, 2016, 09:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 08 Jul, 2016, 09:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 08 Jul, 2016, 09:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 08 Jul, 2016, 09:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
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