Welcome to the Town of Lincolnville, South Carolina. Please browse our website to find general information, history, and community events. Lincolnville is a town in Charleston County, South Carolina, United States. A very small portion of the town extends into Dorchester County. The population was 1,139 at the 2010 Census. As defined by the United States Census Bureau, Lincolnville is included within the Charleston, North Charleston, Summerville Metropolitan Statistical Area.
Cash Access. Cash audit procedures determine how many individuals handle cash at the main collection point. Only cashiers and front office managers should handle money as it comes into the business.
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.