wt do you understand by ledger
Answer / pravin kaujalagi
"Ledger is usually a bound book containing the various
accounts concerned with business."
It contains all personal accounts of debtors and creditors
with whom business deals, the accounts of all assets of
business and also accounts all exps.and incomes.
| Is This Answer Correct ? | 8 Yes | 2 No |
real account means
what will be the treatment of preliminery expenses if due to preliminary expenses being written off there results a loss?
I m considering BASIC + DA at the time of calculating EPF. Is it the right procedure?
Why discount on issue of debenture is shown as ficitious assest in Balance sheet ..? same why preliminary expenses ia also shown as ficitious assets in Balance sheet :?
3 Answers Accenture, Cap Gemini,
HOW CAN WE CONVERT IN CFT TO A ROUND LOG??
What is the accounting entries for future dated payment method
What is Fixed Assets? How many depreciation types are there? How to apply depreciation on assets in a year?
How do you add/remove a payment block for particular invoice ?
Tell us what is the abbreviation for the accounting terms debit and credit?
A new firm commenced business on 1st January, 2006 and purchased goods costing Rs. 90,000 during the year. A sum of Rs. 6,000 was spent on freight inwards. At the end of the year the cost of goods still unsold was Rs. 12,000. Sales during the year Rs. 1,20,000. What is the gross profit earned by the firm? (a) Rs. 36,000 (b) Rs. 30,000 (c) Rs. 42,000 (d) Rs. 38,000
Cheque Received From Customer What is accounting entry and in which vocher. coustomer order is 100 items . 5 items given to customer cost rs 2000 5 items Total 2000 and remaing 95 items not deliveried 100000 Cheque Received
purchased a laptop for Rs.50000 and received one calculator costing Rs.1000 for free. Both laptop and calculator (stationery in nature) are meant for office use.What will be the journal entry in the books of both the parties?