Ask Experts Questions for FREE Help !
Ask
    iWanToMasteRiT's Avatar
    iWanToMasteRiT Posts: 1, Reputation: 1
    New Member
     
    #1

    May 28, 2011, 01:04 AM
    Debtor peter paid RM25,000 by cheque, how do I post it in ledger and cash book?
    Should I open Peter account or debtor account in ledger?:confused:
    And cash book in debit side what particular should I put? Is it debtor Peter?

Check out some similar questions!

Journal entries , cash book and ledger [ 5 Answers ]

A. Smith Ltd. Was registerd on 1 February with the Capital of R80 000, divided into 10 000 5% preference shares of R2 each, and R30 000 ordinary share of R2 each, all payable in full on application. The preference shares were applied for and duly alloted. The dividend on the preference shares...

During 2011 Thomas earned $36,000 of cash revenue, paid $20,000 for cash expenses, a [ 2 Answers ]

As of December 31, 2010, Thomas Company had total assets of $156,000, total liabilities of $85,600, and common stock of $52,400. During 2011 Thomas earned $36,000 of cash revenue, paid $20,000 for cash expenses, and paid a $2,000 cash dividend to the stockholders.


View more questions Search
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.