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Categories >> Accounting >> Accounting General


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 Question Submitted By :: Accounting-General
I also faced this Question!!     Answer Posted By  
# 1
Ledger is a set of accounts. It contains all accounts of the
business enterprise whether real, nominal, personal.
Is This Answer Correct ?    2 Yes 0 No
# 2
A ledger[1] is the principal book or computer file for recording and totaling monetary transactions by account, with debits and credits in separate columns and a beginning balance and ending balance for each account. 
Is This Answer Correct ?    0 Yes 0 No

Other Accounting General Interview Questions
  Question Asked @ Answers
Pass necessary journal entries for the following. 1.Goods supplied by surjit for rs 15000 were entred in sales book.   7
what is contigent liability and where we shown in balance sheet   2
What Does Hedgelet Mean? Deloitte 1
what is Profit & Loss Account? EDS 4
In sales entry, for sales tax what rule apples (real, nominal) FIC 3
chq. of ICICI received from big jos of rs. 35000/- for credit sale bill no. S/01 andBill no. S/03   1
what is secondary market? Karvy 6
Is accounts payable and bills payable the same?and B/R & A/R the same ?   2
what is debit and credit in accounting   3
Why is Interest A/c debited and Bank a/c credited when interest is charged by the bank?? Here I assume Its an expenses so interest is debited but I don't understand why bank is credited?? Bank is a personal account. Please explain this doubt?   1
Hi,i went for an interview they asked me why a balance sheet should tally.can anyone tell me   2
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