What is the difference between ledger and journal?

3 Answers  

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payment made to the credit card from bank.In that half are personal and half are business related.how to account these transaction without credit card ledger.

1 Answers   ABC,

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The following are the transactions with respect to goods traded by Gopal- i) Purchased goods worth Rs.50,000 on 1-1-2005 for cash ii) Sold goods costing Rs.20,000 for Rs.30,000 on cash iii) Bought goods Rs.45,000 from Suresh & Co on credit iv) Paid Rs.30,000 to Suresh who gave us a discount of Rs1,000 v) Sold goods Rs.23,000 but their cost is Rs.12,000 for cash vi) Sold goods to Gangadhar for Rs12,000 on credit,(cost Rs 9000) vii) Received cash from Gangadhar Rs.11,500 in full settlement. viii) Paid carriage charges on the goods purchased Rs.2,000. Find out the closing stock as on 31 -1-2005. Also, find how much is still due to Suresh?

14 Answers   ICA,

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Rent paid out of your personal cash 3000 SAR

9 Answers  

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what do you mean by margin of safety

4 Answers   Capital IQ,

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In 3 way match.....Order qty is 100 and received 90 and 10 got rejected. But the supplier sent an invoice for 100 qty. what are the steps we need to take in SAP. Whether we need to reject the invoice or process with the 90 qty .please explain with real time.

0 Answers   Genpact,

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1. our co., start from 20.05.10 but at the time to till our capital invested m.d spend Rs:98000 as food,refreshment,rent guesthouse,travelling exp e.t.c., now we want to return to him (i.e) all the expenses (amount will pay may be 17.08.10, how to account it in tally for the expenses of M/D . and payment entry. I need the help

2 Answers  

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What are the two most important Factor that should be kept in mind when there is a buy back of shares in companies as per indian companies act,1956

0 Answers  

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what is use of cost category ? which type is useful in accounting work ? give answer with solid example because iam slow learner in accounting line.

0 Answers  

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how to make conversions from tally to ms excel sheet like profit & loss a/c and balance sheet & trial balance

3 Answers  

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What is menat by INVOICE?

3 Answers  

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Maintaining assets register

1 Answers  

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