Answer / surendra

ledger balance mean dr. balance or cr. balance if the person
give extra amt so.cr. balance if the amt outstanding so. dr.
balance

Answer / ram pratap singh

What is ledger balance
Every account has either dr. Balance or credit balance. If the total of dr.side is greater than cr. Side total it is said that it has dr. Balance or vice-e-versa. Assets and expenses or losses have debit balance whereas liabilities and income or gains have debit balances.

Answer / aparna

All ledger have two balances one is debit balance when
debit side amount or total is greater than credit sides
total and the balance c/f to credit side and thus the
ledger matches both side total and vice versa All assect &
expenses & losses also debtors have debit balance and All
income ,creditors,gains have credit balances

Payment made to creditors is a

1 Answers  

---

Please tell me what is the journal entry of closing balance ?

2 Answers   IBM,

---

Hi all, can anybody help me with the mutual fund (AMC)accounting. I would like to know the accounting entries for subscriptions (premium/discount), redemptions (premium/discount), fund expenses, buying/selling securities by the fund and other fund management related accounting entries.

1 Answers  

---

what is provisions ?

2 Answers   Dream One, SRL,

---

what is journal entry for cash received

11 Answers  

---

What is short term solvency ratio?

0 Answers  

---

what is idealcapital?what should be the ideal capital for indian organisations?is it different from firm to firm?

0 Answers   ADP,

---

what is meant by working capital?

5 Answers   Capital IQ,

---

for which account the cost centre should be given?

1 Answers  

---

What is the difference between shares and debenture?

3 Answers  

---

what is deffered liability

4 Answers   Capital IQ,

---

Mr. S wants to set bank reconciliation start date, from where will he activate the same Answer A. Ledger creation B. Accounting feature C. Configuration window D. Display

2 Answers  

---