Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between journal entry and ledger
- 5 Answers
- 8002 Views
- I also Faced
- E-Mail Answers
Answer Posted / vinay kumar . pagidikondala
Journal means chronological record of transactions and
ledger is a book containing classified information. (
Chronological = following the order in which things occurred)
| Is This Answer Correct ? | 0 Yes | 2 No |
Post New Answer View All Answers
Can u please send me a set of accounting base questoin with answer,genraly ask by interviewer?
My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.
what is use of cost category ? which type is useful in accounting work ? give answer with solid example because iam slow learner in accounting line.
i had taken one year gap in completing my graduation bcom should it be considered as backlogs i dont have any kt or anything else i have passed all exam in one trial
Tell me how can you explain the basic accounting equation?
Unrealised profit will be debited to ?
What information is included in a bill for services?
Tell me what is accrual accounting?
what is miscellaneous expenditure??
input vat, wht use in wct
What are the elements of the accounting equation?
hai everone,can anyone send me the accounting ,finance,general interview questions for mba freshers plz.....urjent
What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?
You are using the accounts approach to parallel valuation and classic assets accounting. You need to create a new financial statement version to valuation based of IFRS principles. In asset accounting, what posting options can you choose for the new depreciation area? (any 2 answer) Area post in real time Area posts APC directly and depreciation periodically Area posts APC only directly Area posts APC and depreciation periodically
what is one way , two way matching , three way , four way matching ?
