Accountancy, asked by rupbhusare7754, 1 year ago

How to balance off a cash book

Answers

Answered by golu7648
1
Balancing your checkbook is one of those crucial life skills that you need to know. It will give you a clear sense of not only how much money is in your bank account, but where your money goes. It can also help prevent you from bouncing checks, stick to your budget, help you avoid fees, and detect errors from your bank or even fraudulent billing.

Part One of Three:
Recording Your Income and Transactions



1

Use the check register. You know that extra little notebook that comes with your checks, and slips right into your checkbook? It's designed to help you keep track of your all your income and expenditures and all your transactions, from deposits, ATM withdrawals, debit card usage, fees, to any checks you write.[1]If you do not have a check register, you can buy or make one. A ledger, graph paper, or even a blank sheet of lined paper will do.


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