E Learnings

  A cash book is a bookkeeping ledger used to record all cash transactions that occur in a business. It typically has two columns for each transaction, one for debit entries and one for credit entries, which allows for easy tracking of cash inflows and outflows. Here is an example of a cash book: Date Particulars L.F. Debit Credit 1/1 Balance b/d 5000 1/3 Sales 1001 2500 1/5 Rent paid 1002 1200 1/8 Cash deposited 3000 1/11 Purchase 1003 2000 1/15 Wages paid 1004 1500 1/22 Cash withdrawn 1000 1/31 Balance c/d 8300 In this example, the first row shows the opening balance. The "L.F." column is used to record the page number of the ledger where the transaction is recorded. On January 3rd, a sale was made for 2,500 and recorded in the credit column. On January 5th, rent was paid for 1,200 and recorded in the debit column. On January 8th, cash of 3,000 was deposited and recorded in the credit column. On January 11th, a purchase was made for 2,000 and recorded in the debit column. O...

A single column cash book is a simple bookkeeping ledger used to record all cash transactions that occur in a business. It has a single column for each transaction, which is used to record either debit or credit entries. Here is an example of a single column cash book: Date Particulars L.F. Amount 1/1 Balance b/d 5000 1/3 Sales 1001 2500 1/5 Rent paid 1002 1200 1/8 Cash deposited 3000 1/11 Purchase 1003 2000 1/15 Wages paid 1004 1500 1/22 Cash withdrawn 1000 1/31 Balance c/d 8300 In this example, the first row shows the opening balance. The "L.F." column is used to record the page number of the ledger where the transaction is recorded. On January 3rd, a sale was made for 2,500 and recorded as a credit entry. On January 5th, rent was paid for 1,200 and recorded as a debit entry. On January 8th, cash of 3,000 was deposited and recorded as a credit entry. On January 11th, a purchase was made for 2,000 and recorded as a debit entry. On January 15th, wages were paid for 1,500 and ...