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Commerce and Management Sciences World

Commerce, Financial Accounting, Human Resource Management,, Cost Accounting, Principles of Business

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What is CashBook & its format – Three column Cashbook

February 16, 2014 By Salman Qureshi Leave a Comment

What is Cashbook: A book in which receipts and payments of money are record,using debit and credit rules. CashBook:            In small business where only one person is employed for receipt and payments of cash, only one book is used for recording of cash received and paid this book is called as cash book .Every page […]

Filed Under: Financial Accounting Tagged With: accounting coach, accounting explained, Cash Book, contra entry, free accounting course, free comerce education, free commerce course, free management sciences education, Method of Recording cash Transaction, payment, receipt, Single column cash book, standard format of cash book, Three column cash book, two column cash book

What is Cash Receipts Journal & Cash Payment Journal

February 16, 2014 By Salman Qureshi Leave a Comment

What is Cash Journal: Cash journal is used for transactions which are petty in nature. (petty cash book). For maintaining petty expenses cash journal transactions are recorded. In cash journal, we need to create business transactions first, like revenue items and expense items based on these transactions we will make postings in cash journal.   Method […]

Filed Under: Financial Accounting Tagged With: accounting coach, accounting explained, accounting online, cabook entries, Cash Book, cash book in accounting, Cash Journal, Cash Payment Journal, Cash Receipt Journal, free accounting course, free comerce education, free commerce course, free management sciences education, Method of Recording cash Transaction, standard form of cash journal

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Salman Qureshi is Researcher & passionate Blogger, he loves to write on Commerce & Management Sciences subjects to assist students, Hope you guys will like his effort.




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