Trial Balance Help
I'm constructing a trial balance and have entries to make where it says, 'Smiths LTD. paid by cheque for £98'. Seeing as they have now paid, what do I put this under in the trial balance? With Sales and SLCA I assume entries are made there when money is owed. I also have some paid by cash as well or purchases. I've always been terrible with knowing what to do with Cash entries.