Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / h.r. sreepada bhagi
As mentioned in some of the answers above Journal (Register)
is the book of primary or original entry and ledger is the
book of final entries. Entries are first recorded through
various types of journals (General Journal, Purchase
Journal, Sales Journal, Payment, Receipt, DN, CN, etc.) and
from Journal it gets posted to Ledger.
In manual system of book keeping separate entries need to be
passed in Journal & then from there to be posted to Ledgers.
In accounting software, entries once made will be posted to
journal as well as ledger.
The name Journal Ledger is wrong as it is either Journal or
Ledger as these two are different.
| Is This Answer Correct ? | 11 Yes | 2 No |
Post New Answer View All Answers
What type of Questions are asked for Interview in Infosys - Financial Process. Any one who is into Research Analyst or Process Executive role, kindly contribute the Questions faced by you?
Feature of Master letter of credit of Garments manufacturing company?
You are given the following information in respect of a company: Fixed cost –Rs.13,000 Variable cost –Rs.14,000 Net profit –Rs.3,000 Net sales-Rs.30,000 Find out: a>BEP b>The profit for sales volume of Rs.50,000 c>The volume of sales to make a profit of Rs.10,000
I want to become CFA so kindly provide me all information regarding this like fees structure,colleges in mumbai,duration etc.
What is meant for GR form, which is used in export of goods without of payment of duty ? For what purpose we use it ? Should merchandise exporter use it ?
how Mis reports are used?n why it is used ? explain
Expand-------MTRS
What are the benefits ofparticipation in a depository?
Paid vehicle insurance of Rs 12000 on 1-1-2009. Pass entry at the of payment and also create prepaid insurance account
Expand-------MUR
What do u mean by pass through expenses? give examples, how it will be accounted & billed?
capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)
How to enter PO in SAP
fiscal year variant Vs posting period variant
Hi guys, If anyone have gone through the CAPITAL IQ-Junior Research Associate interview then plz let me know about its pattern..and if anyone hav its placement papers or any other information then plz post to me at arshadbasha_mba@rediffmail.com
