Ledgers:
Ledgers record all the entries into the Cash Books. They use the concept of 'double entry' bookkeeping where every ledger entry must be accompanied by another ledger entry that is exactly the opposite.
Typical Ledger pages may look as follows:
Bank Ledger Office Ledger
|
Date
|
Particulars
|
Folio
|
DR
|
CR
|
|
Date
|
Particulars
|
Folio
|
DR
|
CR
|
|
15/7/05
|
Prof Fees - Nicholls to Walsh
|
CR1
|
4000
|
|
15/7/05
|
Prof Fees - Nicholls to Walsh
|
CR1
|
|
4000
|
|
17/7/05
|
Prof Fees paid to J&J Real Estate
|
CP1
|
|
4000
|
17/7/05
|
Prof Fees paid to J&J Real Estate
|
CP1
|
4000
|
|