Recording transactions and posting to the ledger

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• 8 sections of explanation, worked examples and diagrams
• 1 practice task with hints and worked answers
• A quiz that marks itself as you go
• Your progress kept across every subject you take

Other lessons in this sub-strand

1. The cash book and its purpose
2. The cash book and the double entry system
3. The single column cash book
4. The double column cash book
5. The three column cash book
6. Trade discount and cash discount
7. Contra entries between cash and bank
8. Recording transactions and posting to the ledger
9. Balancing off the cash book
10. A debit balance and an overdraft
11. The petty cash book and the imprest system
12. The analysed petty cash book
13. The bank reconciliation statement and its purpose
14. Items that cause a difference
15. Preparing a bank reconciliation statement
16. The importance of the cash book in financial management