what is ledger

Answer Posted / anand shanker dutta

ledger is nothing but posting of journal entries according to each and every entry by creating seperate accounts for every transactions.

Is This Answer Correct ?    1 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is a ledger in regards to accounting?

646


Explain what is involved in the process of double-entry accounting?

1849


purchase from interstate as applicable f form given to supplier & selling in local state as applicable local vat guide me as per law

1376


hi to all.... what is the treatment for Work-In-Progress in Tally...please answer for it as early as possible... thanks & regards

1649


what is the enty for contract bill raised?

1813






Do you know what are trade bills?

951


What is Time capital

1433


Tell me the stages of double entry system?

609


how will decide that vender payment is ok without reco

1878


Give Any three special cases of computation of capital Gain U/s 45(1A) to 45(6)?

1847


What do you mean by Bill of Exchnage.How to manage ? Explain

1505


while raising credit note for price difference,is it mandatory to charge excise duty 12.36% and vat 14.5% on local supplies

2000


Scheme is given by a company to his distributors on sale of goods, what is the treatment of this scheme distributors hand Direct income or indirect income

1373


Can share warrants issued by the company be considered as potential equity shares? If yes, then will it be considered for calculating dilutive EPS?

1413


correction of sundry creotors

2176