Basics 2 min read
Bank Reconciliation
On a particular date, reconciliation of our bank balance with the balance of bank passbook is called bank reconciliation. The…
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Author: Boomi Nathan.
J. BoomiNathan is a writer at SenseCentral who specializes in making tech easy to understand. He covers mobile apps, software, troubleshooting, and step-by-step tutorials designed for real people—not just experts. His articles blend clear explanations with practical tips so readers can solve problems faster and make smarter digital choices. He enjoys breaking down complicated tools into simple, usable steps.
Basics 2 min read
Key Features of Subsidiary Books
There is a difference between a purchase book and a purchase ledger. A purchase book records only credit purchases and…
Basics 1 min read
Bills Payable Book
Bills payable issues to the supplier of goods or services for payment, and the record is maintained in this book.…
Basics 1 min read
Bills Receivables Book
Bills are raised by creditors to debtors. The debtors accept them and subsequently return them to the creditors. Bills accepted…
Basics 1 min read
Sale Return Book
The reason of Sale return is same as for purchase return. Sometimes customers return the goods if they don’t meet…
Basics 1 min read
Purchase Return Book
Sometimes goods are to be retuned back to the supplier, for various reasons. The most common reason being defective goods…
Basics 1 min read
Purchase Book
Purchase book is prepared to record all the credit purchases of an organization. Purchase book is not a purchase ledger.…
Basics 1 min read
Petty Cash Book
In any organization, there may be many petty transactions incurring for which payments have to be done. Therefore, cash is…
Basics 1 min read
Triple Column Cash Book
When one more column of Bank is added in both sides of the double column cash book to post all…
Basics 1 min read
Double Column Cash Book
Here, we have an additional Discount column on each side of the cash book. The debit side column of discount…
Basics 1 min read
Single Column Cash Book
Cash book is just like a ledger account. There is no need to open a separate cash account in the…