in which from ledger accounts are prepared
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Preparation of Ledger Accounts or Posting:
Preparation of Ledger Accounts or Posting:The Cash Book has a unique position. It is a subsidiary book because cash entries are first entered here and the other accounts are prepared. But the Cash Book contains the two accounts of Cash and Bank and hence it is a part and parcel of the ledger also....
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Explanation:
Preparation of Ledger Accounts or Posting:
The Cash Book has a unique position. It is a subsidiary book because cash entries are first entered here and the other accounts are prepared. But the Cash Book contains the two accounts of Cash and Bank and hence it is a part and parcel of the ledger also.
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