Debtors Ledger

Question 1

What does the debit side in debtors ledger

Answer 1

It means the debtor is buying on credit and you add the amount to the balance

Question 2

What does credit side mean in debtors ledger

Answer 2

It means the debtor is paying back his debt and you minus the amount from the balance

Question 3

What do we write under details for debtors ledger

Answer 3

At the beginning we write account rendered. Then from then on if it comes from crj we write duplicate receipt and the number and if it comes from dj we write duplicate invoice and the number

Question 4

What do we write for date in debtors ledger

Answer 4

The exact date and we only write the month once at the beginning