Cheques cashed and cashbook

This topic has 0 replies, 1 voice, and was last updated 6 years ago by alex1369.

Viewing 1 post (of 1 total)

Author

Posts
July 11, 2019 at 7:58 pm #522668
alex1369
Participant
- Topics: 1
- Replies: 0
Hello and thank you for your help,

I am in the banking reconciliation section and was wondering in one of the examples I have found why Cheques cashed are on the credit side of the cashbook? Surely receiving a cheque and then cashing it increases our cash amount?
Author

Posts

Viewing 1 post (of 1 total)

You must be logged in to reply to this topic.