PRINCIPAL
OF DOUBLE ENTRY- SINGLE COLUMN.
Hey Guys, Happy Monday!!! Hope you enjoyed your weekend, cos
I did. Any way its Monday again and we are here to learn something new. So
let’s get started.
LEDGER is the
final destination of all transactions in the subsidiary books (that is the
sales day book, purchases day book etc). It is the most important book of
account because it is the book that contains permanent records of all
Transactions in a summarized and classified form. Transactions are recorded
here, using the Double Entry System of...