Cash book is just like a ledger account. There is no need to open a separate cash account in the ledger. The balance of cash book is directly posted to the trial balance. Since cash account is a real account, ruling is followed, i.e. what comes in – debit, and what goes out – credit. All the received cash is posted in the debit side and all payments and expenses are posted in the credit side of the cash book.
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CASH BOOK (Single Column) |
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Dr. |
Cr. |
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Date |
Particulars |
L.F. |
Amount |
Date |
Particulars |
L.F. |
Amount |
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