what is difference between single ledger & multiple ledger
with solid example .beacuse i am slow learner .



what is difference between single ledger & multiple ledger with solid example .beacuse i am slo..

Answer / vasu

single ladger is a individual entry but multi leger is a two r more parties ledger r involed in this entry.new learner has follow to the single because of it is easy to identify the entry,multi ledger was create some confusion.

Is This Answer Correct ?    44 Yes 19 No

Post New Answer

More Accounting General Interview Questions

Rent received in advance journal entry

4 Answers   Cognizant,


what is tax invoice and retail invoice

2 Answers   IBM,


goods purchases of Rs.1200 was recorded in the sales book and the Vendor's account was credited by Rs. 1200

5 Answers  


i have 1 year gap after completing my graduation what should i say in interview?

4 Answers   Genpact,


Q. Journalise The fllowing Transction.. 1. Case Sales Rs. 50000

2 Answers  


how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry

1 Answers  


what is accounting

5 Answers  


how to calculate good will of a company

1 Answers  


when cheque deposited into bank for collection and that is not cleared yet what is the entry for it?

1 Answers  


What do you mean by the term Accounts Payables/ Receivables?

4 Answers  


"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...

0 Answers  


Calculation of Gross Profit Or Gross Loss give example?

2 Answers   EDS,


Categories