books of original entry

A single-entry bookkeeping system or single-entry accounting system is a method of bookkeeping dependin on a one sided accounting entry to handle financial information.In computerized accounting, data is entered only once and is automatically reflected in all associated ‘books.’

Subdivision of Journal

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