Question { Banking, 41659 }

what is journal and ledgers ?

Answer

Journal: Journal is a primary book of transaction where
entry according to the double entry system non permanent.

Ledgers: Ledgers is the permanent record of transaction
where transaction record classified and record permanent.

Question { 9097 }

how accountant calculatee depriciation

Answer

Depreciation means allocation of fixed asset for estimated
years. it account calculate firstly purchase date, estimated
life year, purchase value, and Salvage value and production
capacity.

Question { 6027 }

what is an invoice

Answer

Invoice is the document that Made by seller and sent
purchaser that indicate product size, quality, quantity,
price etc.

Question { 4306 }

what is the difference between share and debenture

Answer

The following are point of distinction between share and
debenture:-
1. Share is a ownership security otherwise debenture is a
creditors security.
2. Share dividend paid to share holders after profit and
loss account otherwise debenture paid by creditors before
profit and loss account.
3. Share not convert debenture but debenture convert into
share.