The Cash Book, part 2!
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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.
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.
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Comments
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Re:The Cash Book, part 2!
Hi Ben,
Yes, you are right.
Regard,
Sarah0