books of prime entry

books of prime entry are a more efficient variation on double-entry accounting.books of prime entry act as the speed entry steps inspite of trying to remember which accounts to debit and which to credit, and writing the names down for each entry for each transaction in the general journal this is called books of prime entry.

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