Company Cash Book rules require separate per company cash books with voucher posting and monthly central reconciliation. Form No. 142C requires a separate Cash Book for each company in liquidation, with receipts, payments and cash/bank columns. Entries must be posted from ... Summary
Company Cash Book rules require separate per company cash books with voucher posting and monthly central reconciliation.
Form No. 142C requires a separate Cash Book for each company in liquidation, with receipts, payments and cash/bank columns. Entries must be posted from that company's receipts and vouchers, the relevant head of account shown in the particulars for General Ledger posting, Central Cash Book rules for bank and cash columns applied, and totals reconciled with the Central Cash Book monthly.
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