What is the meaning of Journal Ledger?

Answer Posted / nawazsharif.safi

Journal is the book of original entry because every
Transaction is first written in the journal and which it is
Posted to the ledger at any convenient time.

Is This Answer Correct ?    14 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?

1564


while passing a journal entry we rite dr. for the a/c to be debited but why don't we write cr. for the a/c which is credited and instead write 'TO'??

1534


EXPAND_________SEB

1537


Can anyone give comparative data of NPA(non performing assets) of nationalised banks or BANKS IN INDIA for the last 5-10 years if possible with bifurcation substandard doubtful loss asset

1680


What is the New GL concept? how do you configure new GL a/c?

1549






I have complited my ERP course in FICO module. Now I want to work in ERP package. Please suggest me how I will apply for the organisation works in ERP environment.

1426


Expand----------MTSC

1691


i want the steps involved in the customization for the process order. my situations is if i take the process order for x qty then stores people can issue only x qty not less or not more. how to do this. pls help me

1438


income from depreciated asset is profit or loss?

982


Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?

1784


Under the accrual basis of accounting incomes are recognised at the time -------------------

1580


What is Merger?

1878


Which Invoice issued on Central Sale Commercial or Retail?

1559


what do you mean indirect expanse in trading business?

1784


Expand-------MTRS

1748