Answer Posted / suhasini modagi
journal is a primary book of recording the day to day
transactions . generally it is just go on entering the
transaction as soon as events takes place
Ledger is a systematic manner of Segregating transactions
and entering the transactions i.e
1) Purchase of Goods---Purchase A/c
2) Sale of goods-------Sales A/c
3) Purchase Return means--Purchase return
4) cash/bank --------contra a/c etc.....
plz rectify
| Is This Answer Correct ? | 52 Yes | 7 No |
Post New Answer View All Answers
hi this is sharath,from hassan ,karnataka.,., i am caled for t interv on 28th may 2009, 12 noon, at foll location.,. STATE BANK OF MYSORE STAFF TRAINING CENTRE 104/105 7TH MAIN ROAD JAYALAKSHMIPURAM MYSORE-570012. anybody who is also attendin the same interview please reply me .,.,. i am in my final yr BE EnC,MCE hassan, i wold like to know more about the interview .,., please do reply.,.,. yours friendly, sharath kumar, sharath.syss@gmail.com
what is absorbtion coasting?
How the sub ledgers(AP, AR) integrate with GL liability and receivable
Suppose the production is more and sales less then what will happen
how there prepare bank interview
1.explain the accounting concepts ? 2.what are the objectives of preparing a trail balance ?
why you would like to work for the our(AIRLINE) Group ???
i have working in contruction company i want billing outside delhi pls. tell me can i bill with tax invoice party provide tin no.
what is exercise duty how to calculate that and how to update in tally
Short Answer on __________Leverage
how will you create the posting periods 3 and 5 or 5and 7?
What is Direct Debit
Assets are held in the Business for the purpose of____________________
Short Answer on ________Adjusting Entries
For the production of 10,000 units the following are the budgeting expenses: Per Unit Rs. Direct materials 60 Direct labour 30 Variable overhead 25 Fixed overhead (Rs.1,50,000) 15 Selling expenses (10% fixed) 15 Variable expenses (direct) 5 Administrative expenses (Rs.50,000 fixed) 5 Distribution expenses (20% fixed) 5 Total cost of sales per unit 160 Prepare the flexible budget for the production of 6,000 , 7,000 ,and 8,000 units of production