General Chat

As I said, I have exam tomorow and need to know which books are actually part of the double etry system, not the momorandum books. I know purchase control ledger and sales control ledger are and purchase and sales are not but what are the others? Thanks M

I think I'm in appropriate costume for this. Don't the cash book, petty cash book and nominal ledger count? Completely off message, be grateful that we have double entry bookkeeping, even if the function is performed by software packages (which don't always get it right, S*** being the bane of my life for allowing unbalanced ledgers). I was once stuck on a railway station with no reading material but a book on Medeaevil bookkeeping. Now that was dire.

Is the nominal ledger same as day book???? Ann

I haven't a clue Michaela, but I wish all the best in your exams :) XXBC

Oh dear, could you all say a big pray for me? Thanks Buttercup, I'll need it!! M

Its a long time ago for me, but I remember the Purchase Ledger , Sales Ledger Nominal Ledger Petty Cash Book Cash Book. Good luck with your exams. June xx

Hi Michaela I'm no help to you whatsoever re the books but I do remember reading that people who drank bottled water during an exam had far better results than those that didn't - so if you're allowed, then take a bottle of water in with you. Apparently the brain operates much better if fully hydrated. Good luck Lucy x

Thanks you gals, don't think they'll let me take in a barrel though. M

I was always told the Debit is nearest the window ! Failed my exams when the room was other way round !

Joe you took the words right out of my mouth, we mus have had the same tutor!!! Michaela, Hope the exam goes/went well Ann Glos

I'm sorry sweetie I can't offer any words of wisdom, but i promise i'll keep my fingers crossed for you all day c x

Don't forget the Journal

Nominal ledger (which would include Purchase & Sales Control A/cs Personal A/c Ledgers comprising Sales and Purchases (Bought) ledgers. Cash Book(s) Day Book Journal. len