Wind Energy

put down of proceeding-II 4 I LEARNING OBJECTIVES afterwards studying this chapter, you leave behind be able to : state the exigency for particular occasion entertains; interpret the proceedings in silver control and post them in the daybook; prepargon the petty property book; read the legal proceeding in the special exercise books; post the entries in the special purpose book and to the volume; balance the ledger accounts. n chapter 3, you lear nt that every last(predicate) the business transactions argon scratch line hold open in the daybook and then they are affix in the ledger accounts. A sm either business may be able to ledger all its transactions in one book only, i.e., the journal. just as the business expands and the enumerate of transactions endures large, it may become cumbersome to jour-nalise from each one transaction. For quick, efficacious and accurate enter of business transactions, ledger is sub-divided into special journals. galore(postnominal) of the business transactions are repetitive in nature. They basin be easily save in special journals, each meant for recording all the transactions of a similar nature. For example, all gold transactions may be recorded in one book, all realization sales transactions in another book and all credit purchases transactions in yet another book and so on. These special journals are also called daybooks or ancillary books. Transactions that cannot be recorded in any special journal are recorded in journal called the Journal Proper. Special journals prove scotch and make division of mash possible in business relationship work. In this chapter we will discuss the following special purpose books: Cash word of honor Purchases Book Purchases Return (Return Outwards) Book sales Book gross sales Return (Return Inwards) Book Journal Proper Recording of Transactions - II 92 4.1 Cash Book Cash book is a book in which all transactions relati ng to cash pass and cash payments are recor! ded. It starts with the cash or imprecate balances at the beginning of the period. Generally, it is made on...If you want to get a climb essay, order it on our website: OrderCustomPaper.com

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