Let me know the chronological order to reach final accounts
begining with Journalisation
- 3 Answers
- 4283 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / satyaki_raju@yahoo.com
chronological order
1.Journalisation
2.Postin into ledger
3.Balancing the ledger
4.Preparation of Trail balance
5.Praperation of Trading and Profit and loss account
6.Balance sheet
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / venkata subbaiah
That Answer is correct chronological order is
1.journal entries
2.postin to ledgers
3.Balancing the ledgers
4.Prepare the Trail balance
5.Prepare the Balance sheet is finally.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / mudunoori
Mr Venkata Subbaih You missed one important stetement i.e
Trding,Profit and Loss account
| Is This Answer Correct ? | 0 Yes | 0 No |
What do you mean by Preliminary Expences
balance sheet means what?i hav to make 1 software in tat i hav to convert accounts data to tally balance sheet format?
Dear Sir, an employee going to leave his job and the employer giving him 3months salary of Rs. 45000, and giving 95000/- aginst full & Final Settlement . so tell me how i pass the entry.
when assessing the credit proposal of a prospective borrower if he gets internal rating below the hurdle rate what will you suggest as a banker
Huge advertising expenses on the introduction of a new product in the market. The expenditure is called ---------
Is Telecom Infrastructure service provider company providing a Mobile Phone Tower to the operator for rental basis liable to pay VAT or not?????
whst is detailed information aboutaccounting standards 20to 29
What is contra account?
What do mean by Computerization of accounts
why profits are shown as liability and loss as asset in balance sheet?
What is the title of Central Excise Return?
investment banking
2 Answers Capital IQ, RRDonnelley, Wipro,
Audit 
