Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / komathi
# 2 A book in which the monetary transactions of a business
are
posted in the form of debits and credits entry is called
ledger (Book in which all accounts of the business are
kept. In effect, the ledger is a classification and
summarization of financial transactions and the basis for
the preparation of the balance sheet and income statement.
The ledger also allows one to see the balance in a given
account at a particular time)
Book or place where business transactions are first
recorded in chronological order before being posted to the
general ledger accounts is called journal
A written record of expenditure, disbursement, or completed
transaction for proof
(Form used in an internal control system to contain and
verify all information about a bill to be processed or
paid. Usually the original bill is then attached to the
voucher. The voucher and bill are filed together until time
of payment.)
| Is This Answer Correct ? | 9 Yes | 4 No |
Post New Answer View All Answers
what is Contra Asset?
What do you mean by custodian/Depository, & what are the different types of Depository? (NSDL/CDSL)
how many types of financial teribuanal? what is that?
• What is depreciation and the method?
Can i make invoice when my client apply for TIN Number ?
ACCOUNTING STANDARDS ISSUED BY INSTITUE OF CHARTERED ACCOUNTANCY INDIA FOR PREPARING FUND FLOW STATEMENT
write about an e-mail to manager seeking permission for leave
give the examples of Error of Duplication?and Error of compensatin? with entries
what is the main link between the income statement and the balance sheet?
your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework
while doing work in dolphin software when credit note is given by supplier to purchaser then purchaser is debited supplier account so on credit side which account is coming which account should be credited
hi.this krishan .i m slect in axis bank for executive. when i sposse to join
Whatis new GL & Odd G.L What is the difference between these two.
We have a registered dealer under APVAT Act. Our company is manufacturing & marketing of seeds. seeds exempted under vat. recently we have purchased machinery for our new plant construction, against c form. now sales tax dept.not giving the c forms, because our final product is exempted, we are not eligible for c forms. kindly clarify.
What is meant by advance ruling? What is the scheme of advance rulings?
