What is Ledger

Answers were Sorted based on User's Feedback



What is Ledger..

Answer / abhishek shah

In leger we generally create a proper head of each a/c. Ex:-
cash a/c,bank a/c, debtor/s a/c, creditor a/c,etc

Is This Answer Correct ?    1 Yes 0 No

What is Ledger..

Answer / neha

Ledger may be defined as a summary statement of all the transactions
relating to a person,asset,expense or income which have taken place
during a given period of time and shows their net effect.

Is This Answer Correct ?    1 Yes 1 No

What is Ledger..

Answer / shriveni

A ledger is a book which contain all the accounts whether personal real or nominal, which are first entered in journal or special purpose subsidary books

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

What is the uses of Ratio's in The Finanacial management? Explain it?

2 Answers   IBM,


what is sensex and nifty.

8 Answers   HDFC, Nabard, SEBI,


What are the Trading A/c Components and let explain about Trading account and Profit & Loss Account

5 Answers   Focus,


Why net profit transfer to liablity side ?

5 Answers  


Can i make invoice when my client apply for TIN Number ?

0 Answers   SIM,






what is Rectification of Errors ?

0 Answers   EDS,


Expand---------MDOT

0 Answers  


The Bad Debts figure in the trial balance is 170. The following info is to be taken into account: A provision for bad debts of 5% of debtors is to be created

2 Answers  


how to introduce ourself

14 Answers   Infosys, Kamkuo, Voltas,


What is the Difference between hire purchase and a finance Lease?

1 Answers  


Contingent liabilities should be recorded in the accounts when A) It is probable that the future event will occur B) The amount of the liability can be reasonably estimated C) Both A&B D) Either A or B

5 Answers   FactSet Systems,


Exapnd--------RAN

0 Answers  


Categories