Interested to Buy Any Domain ? << Click Here >> for more details...
Answered but misspelled pl correct
A LIST OF ACCOUNTS IN WHICH TRANSACTIONS ARE POSTED ARE ____
____ACCOUNTS(ANS.TRACH)
- 3 Answers
- 4789 Views
- I also Faced
- E-Mail Answers
Answer Posted / suresh
Most of the financial information in the corporate world
are now being setup and sued on ERP systems as such
accounting has been re-defined and re-written.
Ledger Accounts(General Ledger), this is where all
transactions are posted.(All valid accounts where posting
of transaction is allowed)
List of Accounts(LOA) or Chart of Account (COA)(this is a
list of all accounts that have been used in the past, and
being used currently) some accounts in them may have been
closed due to non requirement. So posting to them is not
allowed as such they are not in use and may/may not reflect
while printing or viewing depending upon the choice.
Trial Balance - All valid accounts that have a Debit or a
Credit balance in them, the total of Debit and Credit must
match (Debit = Credit)
Zero Balance Accounts - Some accounts that have Zero
balance but are valid and being used, also may or may not
be listed/printed in the Trial Balnce but they do exist in
the COA and GL
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Short Answer on ______Amortization
why do we charge the depreciation
what is assessment? how many types of assessment will be there? and what is the documents and preparations for sales tax, service tax assessments??
how u can control stock movments....like issuing raw materials receiving...in practical way..basically in ,y org we r using bin cards,barcodes etc but somehow need more concentration... help me frds..
How can i prepare MIS report for Finance?
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
Short Answer on __________Trade
Ledger Is The Principle Book Of Accounts In Business. Do You Agree For It. Comment On Your Confirmation?
What are different types of reports made in tally
I AM APPLY FOR CLERICAL CADRE IN SBI. SO ANYONE SEND ME QUESTION WITH ANSWERS, WHICH ARE RELATED TO THAT JOB. MY EMAIL ID IS shawetasingh24@gmail.com
I KNOW THAT INSURANCE CHARGES ON PURCHASE OF VEHILE (LIGHT/HEAVY VEHICLES)HAS BEEN CAPITALISED OR NOT.?
distinguish between Bill of Exchange and Promissory Note
Who is the maker of the promissory note
Give a brief explanation of the fundamental accounting concept of prudence
How to Calculate PF with interest or without interest.
