what is the meaning of Journal Ledger?

Answers were Sorted based on User's Feedback



what is the meaning of Journal Ledger?..

Answer / manas basu

Any financial matter occured in business at first entered
in the book named journal . In this written one part has
debit and other has credit and date wise cronologically.
since it first entered so it is also called 'original books
of entry' .

Then clarify debit and credit is written in proper accounts.
It is called Ledger.

Is This Answer Correct ?    4 Yes 7 No

Post New Answer

More Accounting AllOther Interview Questions

what is reconciliation

9 Answers  


what is different between LC's and BG's

1 Answers   IVRCL,


all BESCOM exam papers

2 Answers   Bescom,


Acquired shares of X company worth 100000, company declared 10% as dividends, but not paid to u. Now what entry u pass while purchasing those shares, what entry u pass when company declared dividents but not paid, and what entry u pass when u receive the dividend..?

1 Answers   Franklin Templeton,


What do u mean by GDP, explain in detail?

5 Answers  






what is interest on drawings

5 Answers   Cognizant,


What are the main Reconciling entries in Bank Reconciliation?

3 Answers   TATA,


Fill in the blank Drawings capital

1 Answers  


how to mention last year profit of ay private limited company in current year balance sheet ?

0 Answers  


is depreciation a expense for company?why it is charged to p/l a/c?

6 Answers  


what are athe accounting principles?

4 Answers  


what is direct tax or inderect tax? all uses form with fill up full?

3 Answers  


Categories