what is GA (general accounting).
Answers were Sorted based on User's Feedback
Answer / 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 ? | 4 Yes | 0 No |
Answer / mahi peddi
A ledger is a set of accounts, it contains all the accounts of the business enterprises whether is real nominal and personal.
Is This Answer Correct ? | 0 Yes | 0 No |
How to transefer data from tally 9.0 to excel to do simuntennis
explain me what steps would you take to increase revenue for this company?
What is mean by working capital?
is there is mentioned that we can adjust excess debtors with creditor in the stock statement while calculating Drawing Power
What are the activities that are included in the cash flow statement?
What is the purpose of preparing BRS? What are the uses?
Pls tell me the basic rules of accounts for interview in finanace or accounts section
What is the Rate of VAT applicable on Electronic & Electrical goods?
define depreciation?
how long we keep invoices for recivables and there is any neccesary to keep delivery challans
sir, i want t know, i got a cheque frm sindhu (that amount i gave her as rent advance, she is returning nw) bt the cheque has cancled and bank take cheque return charges so plz give this journal entries.
What is deferred account?