Subdivision of Journal: Learning Objectives: What is subdivision of journal? Define and explain cash book and bank reconciliation statement What are the different types of cash book? Write single, double, and three column cash book. Prepare a bank reconciliation statement. Though the principle of
Bills Receivable Book
Bills receivable book is used to record the bills received from debtors. When a bill is received, details of it are recorded in the bills receivable book.The Bills Receivable Book is ruled according to the requirements of a particular account.