What are the general ledgers
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Answer / aniruddha bose
Purchase Ledger, Sales Ledger, Cash/Bank Book, Petty Cash
Book, Debit Note Ledger, Credit Note Ledger
Is This Answer Correct ? | 6 Yes | 1 No |
Answer / mohd. sikander
Ledger in which all the assets, liabilities, net assets,
revenue and expenses with thier Dr and Cr balances are
posted and with the help of thses balances the financial
statements are prepared. ...
Is This Answer Correct ? | 5 Yes | 1 No |
Answer / radha
General Ledger means the ledger which contain all
financial transaction of business having similar nature
like sales ledger,purchase ledger etc.
Is This Answer Correct ? | 3 Yes | 2 No |
Answer / qurban ali
ledgers are made after journal which record all transaction
of same accounts such purchases with credit or debts
accounts .ledger is made of every account separately
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / umesh
it may contains all residual accounts mainly real and
nominal accounts
Is This Answer Correct ? | 1 Yes | 3 No |
Answer / faisal adam
The general ledger is the core of your company’s financial
records every transaction flows through the general ledger,
for exam. sales and purchases
Is This Answer Correct ? | 2 Yes | 4 No |
Answer / srinivas annavarapu
General ledger is that which is having all the chart (list)
of accounts of the business where we will post the values
in respective accounts from Day book.
GL is the base to prepare Trial balance based on which the
Financial statements are prepared.
Is This Answer Correct ? | 0 Yes | 3 No |
Journal Entries for Trade Discount, Cash Discount, Goodwill,
Generally which method companies follow in stores? Like (FIFO,LIFO,Simple AVG,Weight AVG...)
give journal entries for the following jan-1 started business with cash 50000 & loan 80000
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