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Sir are cash book and cash ledger same if so why
Prasanth kumar Kamisetty
CA Inter
★ 12K+
18-Jul-20 13:56
356
Answers (2)
They are used to refer to the same stuff.
CA Suraj Lakhotia
Admin
18-Jul-20 13:57
Cash book has dual nature. It acts as a journal and ledger as well. No need to prepare separate ledger account for cash and bank transactions once we prepare cash book.
VIJAYA SARADHI MAGANTI
★ 850
12-Sep-20 11:10