How to make journal ,cash book entries and bakance sheet ?
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Journal entries are made with special accounting software which contains account payable module. In the module, debit and credit are entered and updated, so that the customer is informed about the assets and liabilities that he has in his account.
Cash book entries are another form of journal entry but it is more of traditional entries.
To create balance sheet we need to know about the assets and liabilities of that company or business to know about the company’s future.
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