(May 2010) A low residue diet is a diet designed to reduce the frequency and volume of stools while prolonging intestinal transit time. It is similar to a low-fiber diet, but typically includes restrictions on foods that increase bowel activity, such as milk, milk products, and prune juice. A low residue diet typically contains less than 7â10 grams of fiber per day.
The opening balance is the first entry in a firm's accounts, either when they are first starting up or at the start of a new financial year. The opening balance can be found on the credit or debit side of the ledger, depending on whether or not the firm has a postive or negative balance.
Balancing of Cash Book. All cash transactions relating to cash receipts (debits) are entered on the left side and all transactions relating to cash payments (credits) are entered on the right side. When a cash book is maintained, a separate cash book in the ledger is not opened. The cash book is balanced in the same way as an account in the ledger. But it may be noted that in the case of the cash book, there will always be debit balance because cash payments can never exceed cash receipts and cash in hand at the beginning of the period. The source document for cash receipts is generally the duplicate copy of the receipt issued by the cashier.