Ledgers:

Ledgers record all the entries into the Cash Books. They use the concept of 'double entry' bookkeeping where every ledger entry must be accompanied by another ledger entry that is exactly the opposite.

Typical Ledger pages may look as follows:

                        Bank Ledger                                               Office Ledger

Date	Particulars	Folio	DR	CR		Date	Particulars	Folio	DR	CR
15/7/05	Prof Fees - Nicholls to Walsh	CR1	4000			15/7/05	Prof Fees - Nicholls to Walsh	CR1		4000
17/7/05	Prof Fees paid to J&J Real Estate	CP1		4000		17/7/05	Prof Fees paid to J&J Real Estate	CP1	4000

 

Posted Date: 10/1/2012 4:30:11 AM | Location : United States

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