Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is the difference between ledger and journal?

Answer Posted / hasan khan

Ledger is a summarise record of a specific account, while
journal is a day to day transactions record.

Is This Answer Correct ?    12 Yes 10 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is a business transaction in accounting?

1144


what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?

2195


What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?

2502


what are the items falling under the category of reserves and surplus? whether bills of exchange is a reserves and surplus item 2.whther errors of omission will affect the trial balance

1914


SIR HOW MANY FORM USE FOR COMMERCIAL TAX & WHAT IS THEIR USES. PLEASE GIVE YOUR SUGGEST

2046


what is share application money pending allotment?

4076


Define "book value" as applied to accounting

1072


How Can We Justify the,Real A/C & Nominal A/C?

2268


How to make privision in SAP. (Please revert on the possibility of making this happen at PO Stage)

1931


Tell me how many types of business transactions are there in accounting?

1076


Tell me whether the account “cash” will be credited or debited, when a company pays a bill?

1064


Explain me scrap value in accounting?

1133


How can you explain the basic accounting equation?

1100


how do made in finalization

2067


What are mis reports and how do you prepare it?

1036