The Cash Book, part 2!

System
System Posts: 100,534 🤖 Admin 🤖
Hi again,

Am i right in thinking that if, for instance, a debtor paid us £65.00 in cash, this would go on the debit side of the cash book, and then on the credit side of the subsidiary a/c and the debtors control?

With drawings, would these go on the credit side of the cash book and then on the debit side of the drawings a/c in the main ledger?

Thanks for your help,

Ben.

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:The Cash Book, part 2!

    Hi Ben,
    Yes, you are right.
    Regard,
    Sarah
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