What is General Ledger
Answer Posted / hashim bim ali
general ledger is a second entry book. when all the cash
expense and cash receipts in the first entry book that is
cash book it is difficult to gather all information from
the cash, therefore it posted to ledger book where all the
heads of accounts are prepared separatly with the help of
general ledger book it becomes very easy to prepare trial
balance at the end of every accounting year.
Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
What is the Technology used to carry out trades?
What do we mean by the term "Securities" when we say that "Govt injecting/sucking liquidity in/out of the system by buying/selling securities?
plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com
What is written off?
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
Give the balance sheet schedules ,what is differe tax, GIVE THE RATES OF DIFFERED TAX FOR THE YEAR 2008-09
can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with Accounting codes?
why do you want to work here?
duties of bank finance manager
how many schedules are there in accounting?
i want to sit for the written examination held by govt. sector like coal india, ongc for the post of accountant .. qualification ca inter.. plz any1 of u let me know on wht subjects the questions are asked and wht types of questions are asked... plz let me know.. plz
What do you know about hyd? Tell something about hyd?
Expand---------MDOT
Can i make invoice when my client apply for TIN Number ?
Dear All, myself B.k Singh graduate with B.Com and PGDBM - Finance, I was worked with Service Company for 6 yrs.Now past 2yrs working with Real Estate,moreover I want to some course short term, plz guide me.