Home
Class 11
ACCOUNTS
Why do only one account is posted to the...

Why do only one account is posted to the Ledger from the Cash Book ?

Text Solution

Verified by Experts

Cash Book is both a book of original entry and a Ledger for Cash A/c and Bank A/c . Hence, each transaction in the Cash Book is posted only once to another account in the Ledger .
Promotional Banner

Topper's Solved these Questions

  • BOOKS OF ORIGINAL ENTRY -CASH BOOK

    DK GOEL|Exercise ADDITIONAL QUESTIONS|11 Videos
  • BOOKS OF ORIGINAL ENTRY - SPECIAL PURPOSE SUBSIDIARY BOOKS

    DK GOEL|Exercise ADDITIONAL QUESTIONS|6 Videos
  • CAPITAL AND REVENUE

    DK GOEL|Exercise PRACTICAL QUESTIONS|4 Videos