Answer / sreedhaam

A general ledger account is an account of main ledger it’s
a group of sub ledgers, balance sheet and income statement
build with general ledger transactions. Examples of general
ledger accounts include the asset accounts such as Cash,
Accounts Receivable, Inventory, Investments, Land, and
Equipment. Examples of the general ledger liability
accounts include Notes Payable, Accounts Payable, Accrued
Expenses Payable, and Customer Deposits. Examples of income
statement accounts found in the general ledger include
Sales, Service Fee Revenues, Salaries Expense, Rent
Expense, Advertising Expense, Interest Expense, and Loss on
Disposal of Assets.

Answer / mahi peddi

A ledger is a set of accounts, it contains all the accounts of the business enterprises whether is real nominal and personal.

what are the steps for the payment cycle of the firm or company?

0 Answers   Mittal Steel,

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on 01/04/2009 Goods sold to Mr."A' on Credit at $ 1000. Exchange Rate :- 01/04/2009..........$50.00 at payment Date Exchange Rate :- 01/05/2009..........$48.00 What is Journal Entry..?

2 Answers   GTS,

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what is a gross profit ratio?

2 Answers  

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What is accrued expenses .and what is differance between accrued Expenses & Accrued Income?

3 Answers   HCL, HP,

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Difference between P/L a/c and Trading a/c

13 Answers  

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I have deducted tds on salary from pay slip for employees for this how to deposit govrt. department. is there any form to fillup, pls tell me the which form to be used.

2 Answers  

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What are the accounting entries for branch accounts?

0 Answers  

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Maintaining assets register

1 Answers  

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please tell me the reconciliation format in excel

1 Answers  

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what diff. between huf and individual?

2 Answers  

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What is standing order

1 Answers   Capital IQ,

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Cash bill of sale so the company can deduct the amount.

0 Answers  

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