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What is General Ledger ? Why is it used
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Answer / backer
General ledger means other than that of purchase ledger and
sales ledger where the cash or bank transaction is not
involved like accrual transaction or rectification entry.
Etc
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Answer / mohammed arif zia
This is a book of separate accounts of each item being
involved in the business either tangible or intangible. It
has each and every transactional activity recorded in it
under the concerned account which always show a balancing
figure either debit or credit which may later be squared up
by adjusting entries. It is More useful in Double Entry
System of accounting.
| Is This Answer Correct ? | 2 Yes | 3 No |
what are accounting principles
plz send me hsbs finance questions asked in the interview ans appitude also
What are events occuring after the balancesheet date?
waht is the menaing of accounts payble?
why is depreciation indirect expense
where does preliminary expenses put in the balance sheet?
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How the sub ledgers(AP, AR) integrate with GL liability and receivable
pLAESE TELL ME ENTRY ONE PURCHASE BILL RECEIVED THERE IS PURCHASE AMOUNT 15000/- INPUT VAT 4%-600, FREIGHT CHARGE IS 400/ .SO THAT IS THE ENTRY
how to see the resluts of the bank clerical exams? can someone help me on tis.. i've written oriental bank of commerce but not able to know my resluts...
0 Answers Oriental Bank Of Commerce,
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