Cash Receipts Journal Template South Africa Premium with 1920x0 Resolution
Cash Receipts Journal Template South Africa. Cash receipt journal is a special journal that is used for the purpose of recording cash received by a business from any source. This is the ultimate guide for high school students starting accounting.
Record your cash sales in your sales journal as a credit and in your cash receipts journal as a debit. This is necessary because there are numerous transactions that result in a receipt of cash. The following example illustrates how a cash receipt journal is written and how entries from this journal are posted to relevant subsidiary and general ledger accounts.
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Cash Receipts Journal Template South Africa
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