Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / sreedhaam
A general ledger account is an account of main ledger it’s
a group of sub ledgers, balance sheet and income statement
build with general ledger transactions. Examples of general
ledger accounts include the asset accounts such as Cash,
Accounts Receivable, Inventory, Investments, Land, and
Equipment. Examples of the general ledger liability
accounts include Notes Payable, Accounts Payable, Accrued
Expenses Payable, and Customer Deposits. Examples of income
statement accounts found in the general ledger include
Sales, Service Fee Revenues, Salaries Expense, Rent
Expense, Advertising Expense, Interest Expense, and Loss on
Disposal of Assets.
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
if you fix salary to some body for Rs.10000/- what are the segregations to be done and what are the deductions to be done (segregations like basic, da,ta,conveyance etc., how ? what percentage what speaks law) and deductions what are those like, pf,esi,pt, etc., what ever
Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times
What is specific reserve
Expand---------PED
Expand--------TAO
A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c
selling price = shs. 200, variable overhead-selling per unit= shs 80, variable production cost per unit = shs 60, fixed selling cost = 2,840,000. the production capacity of the project is 200,000 units. required P/V ratio, BEP and margin of safety
all of interview question about coop bank of oromia
In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected
DEfine SAP
SOUTH ATLANTIC OIL AND GAS INC.is a fraud company
Short Answer on ___________fluctuating capital
what is sevice tax? on what service tax is applicable. explain with examples?
what are your plans after completing your MBA (or) studies ?
Expand-----RTD
