what is the difference between trial balance and ledger
account
Answer Posted / manojjain1525
Trial balance is the list of leger of A/cs and it shows
always DR=CR.
ledger is the book in which all the info about all the
accounts (ie capital acc, fixedacc, all other acc
except bank and cash acc.)
in ledger u can find all transactions of the year in every
account.
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
Time limit for payment of divident for listed limited companies & Unlisted public limited companies are? 30 or 45 or 60 or 90
Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?
What qualifications have you achieved?
SHADOW BALANCE SHEET
Describe the proof of cash type of bank reconciliation?
what is the difference b/w gain and profit?
Explain what is involved in the process of double-entry accounting?
FROM WHERE I WILL GET PREVIOUS QUESTION PAPER OF JUNIOR ACCOUNTS OFFICER TEST OF B S N L
In 3 way match.....Order qty is 100 and received 90 and 10 got rejected. But the supplier sent an invoice for 100 qty. what are the steps we need to take in SAP. Whether we need to reject the invoice or process with the 90 qty .please explain with real time.
what is the limit of cash payment in a manufacturing firm and job work related work and how much we paid to the job worker cash payment in financial year Aslam
Do you know what is the importance of team work in this position?
if cheque bounced what we received from customers and payed to bank what entry should we create in single entry system
During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.
Dillution effect on EPS
what are the limitations of accounting ratios?