View Full Version : General ledger entry
jgap1212
Sep 5, 2006, 02:23 PM
The transaction is: Pays Green Jacket Co. on account. What 2 ledgers would I use?
RickJ
Sep 5, 2006, 04:53 PM
This is the basics: Expense and Cash.
You debit the expense category for the type of expense and Credit (decrease) cash.
Is that what you're asking?
dxviii
Sep 5, 2006, 05:33 PM
Cash is Credited and your Accounts Payable is Debited.
CaptainForest
Sep 5, 2006, 07:56 PM
dxviii is correct.
Dr. Accounts Payable
Cr. Cash
shahid ali
Sep 7, 2008, 06:21 AM
Sir I want to learn how to post voucher in cash book then in j ledger thanks
ladyb3d
Sep 7, 2008, 08:31 AM
Credit cash and debit accounts payables