Recording of transactions subsidiary book
Download as PPTX, PDF4 likes2,823 views
The document provides detailed information about recording and posting transactions in subsidiary books, including cash books, purchase books, and sales books. It explains various types of cash books (single column, double column, and petty cash) alongside examples of ledger entries. Additionally, it covers recording goods purchased on credit and managing returns in the purchase and sales books, complete with examples and solutions.
Recording of transactions subsidiary book
- 2. Topics Covered Recording and posting of transactions in ledger (with examples) in case of: O Cash Book O Purchase Book O Purchase Return Book O Sales Book O Sales Return Book
- 3. Cash Book O A book in which all transactions relating to cash receipts and cash payments are recorded. Types of Cash Book: O Simple Cash Book O Double Column Cash Book O Petty Cash Book
- 4. Single Column Cash Book All the cash received are entered in amount column on debit side and all cash paid appear on credit side in amount column. Format of Single Column Cash Book Date Particular L.F. AmountDate Particular L.F Amount
- 5. Example 1 – Single Column Cash Book Consider the following transactions of M/s Rupa Traders. Record them in the cash book
- 6. Cash Book – Example 1
- 7. Ledger Entry – Example 1
- 8. Ledger Entry – Example 1
- 9. Double Column Cash Book O A cash book with cash and bank column is double column cashbook. Date Receipts L.F Cash Bank Date Receipts L.F Cash Bank
- 10. Example 2 – Double Column Cash Book
- 11. Cash Book – Example 2 Contra Entry
- 12. Ledger Entry – Example 2
- 13. O Used to record small amount of expenses. O Like stationary, cleaning charges and postage. Petty Cash Book
- 14. Example 3 – Petty Cash Book Consider the following petty cash expenses
- 15. Petty Cash Book– Example 3
- 16. Journal Entry – Example 3
- 17. Ledger Entry – Example 3
- 18. Example 4
- 19. Example 4 - Solution
- 20. Example 5
- 22. Example 5- Solution – Ledger Entry
- 23. Example 5- Solution – Ledger Entry
- 24. Purchase Book & Purchase Return Book O This book is used for recording goods purchased on credit. O The book used for recording goods return for the seller is called "Purchase Return Book”.
- 25. Example 6 – Purchase Book & Purchase Return Book
- 26. Example 6 – Solution – Purchase and Purchase Return Journal
- 27. Example 6 – Ledger Entry
- 28. Example 6 – Ledger Entry
- 29. Sales Book and Sales Return Book O Sales book is used for recording goods sold on credit. O It is a book used for recording goods returned by the buyer.
- 30. Example 7
- 31. Example 7 - Journal Entry
- 32. Example 7– Ledger Entry
- 33. Example 7– Ledger Entry