Answer / yogesh

It is list of balances of all ledgers.

Answer / xyz

it is list of all ledger accounts

Answer / muralirddy

At the end of accounting period, all ledger balance are added up. These ledger balances should be debit equals to credit.If any difference in balances the accountant should be rectified that errors.

Answer / kavya

A trial balance is a list of all the nominal ledger (general
ledger) accounts
contained in the ledger of a business. This list will
contain the name of the
nominal ledger account and the value of that nominal ledger
account. The value
of the nominal ledger will hold either a debit balance value
or a credit value
balance. The debit balance values will be listed in the
debit column of the
trial balance and the credit value balance will be listed in
the credit column.
The profit and loss statement and balance sheet and other
financial reports can
then be produced using the ledger accounts listed on the
trial balance.

machinery purchase of 10000 plus transportation 800 what will be the journal entry

2 Answers   Air Smart HVAC Solutions, SS Solutions,

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Hi Everybody, Can anybody tell me how to create ledger in Peachtree Accounting software, means there are some Code, which Codes Comes under which ledger Account.your prompt Answer will be highly appreciated, Thanks & regards, Khan

0 Answers  

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what is the journal entries of payable?

5 Answers  

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i want to know about VAT & CST (inculding its Form No.)

5 Answers   Sumeet,

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i want to know that which head post the bill of energy audit payment in tally.

1 Answers   Milestone,

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iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above

0 Answers  

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A loan of 10000 with 10% interest is fully due after 6 month. What will accrue differed, outstanding?

0 Answers   FIC,

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Interest on capital will be paid to the partners if provided for in the agreement but only from________ (a) Profits. (b) Reserves. (c) Accumulated Profits. (d) Goodwill.

1 Answers  

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what is form H

1 Answers  

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Manoj & Mahavir joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Manoj 90000 Withdrawals of Mahavir 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.

3 Answers  

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Different types of payments

1 Answers   Accenture,

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what is the difference between cash book(cash coloumn) and cash book(bank coloumn)?

0 Answers  

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