whatisledger
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Answer / s
ledger is a accounting system to show all relative transactions in one relative particular accounts.its principal book of account which contains all the information regarding business.
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Answer / h.r. sreepada bhagi
A ledger is an account of an asset, liability, creditor,
debtor, income or expenditure having complete details of
transactions relating to that account.
The a/c will show the debits, credits &narration or
explanation for each transaction recorded.
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Answer / v.lakshmi haritha
preparing the individual accounts that which shows
individual returns(profits/loss). or having group of accounts
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A book of final entry summarizing all of a company's
financial transactions, through offsetting debit and credit
accounts.
Sankeerthanaannavaram
http://www.therealaccountants.com
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Answer / jose varghese
Ledger is the book where all the accounts relating to
parties, assets, liabilities,expenses and income are
recorded.
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What steps would you take before approving an invoice for payment?
What is purchasing order?
We have purchased some good from our vendor and we asked them to transport the same to some address but they have raised a debit note to us for transportation instead of invoice. Same like we have given some order to manufacture for developing that product they have charged some amount for that also they have raised the debit note. How to account these type of debit notes in tally..?
is it related to b.com syllabus or puc syllabus
0 Answers AIM Research, Bank of Baroda,
IF MY SALARY IS RS.8000 P.M THEN I HOW MUCH I GET BY DEDUCTING P.F & ESI IF COMP DEDUCTS BOTH ESI & PF
6 Answers AEL, Globarena Technologies, Primaccess,
A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.
Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?
whatisledger
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