Which record is not usually maintained under the single entry bookkeeping system? A. cash book B. general journal C. A/R subsidiary ledger D. property subsidiary ledger E. answer not given
Which record is not usually maintained under the single entry bookkeeping system? A. cash book B. general journal C. A/R subsidiary ledger D. property subsidiary ledger E. answer not given
Which record is not usually maintained under the single entry bookkeeping system? A. cash book B. general journal C. A/R subsidiary ledger D. property subsidiary ledger E. answer not given
Which record is not usually maintained under the single entry bookkeeping system?
A. cash book B. general journal C. A/R subsidiary ledger D. property subsidiary ledger E. answer not given
Definition Definition Financial journal in which only cash-related transactions are recorded. Cash transactions are posted chronologically in the cash book, which is also called a subsidiary book. All the cash receipts are recorded on the debit side and all the cash payments are recorded on the credit side. An important point to remember is that the cash book never shows a credit balance; only a debit balance is shown in the cash book.
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