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Posting from Journal

To which side...

Question

To which side of the ledger account are the transactions on the receipts side of the cash book posted ?

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Solution

They are posted on the credit side of the respective ledger account.

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Similar questions

To which side of the ledger account are the transactions on the payments side of the cash book posted?

Q. A transaction recorded on the debit side of cash book is transferred to the ledger _________________.

Q. A transaction recorded on the credit side of cash book is transferred to the ledger _______________.

Q. _______ is a book in which all the business transactions are originally recorded in chronological order and from which they are posted to the ledger accounts at any convenient time.

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was wrongly posted to credit side bank column of cash book as

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. bank balance as per cash book will be ________.

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