Answer Posted / sreedhaam
A general ledger account is an account of main ledger it’s
a group of sub ledgers, balance sheet and income statement
build with general ledger transactions. Examples of general
ledger accounts include the asset accounts such as Cash,
Accounts Receivable, Inventory, Investments, Land, and
Equipment. Examples of the general ledger liability
accounts include Notes Payable, Accounts Payable, Accrued
Expenses Payable, and Customer Deposits. Examples of income
statement accounts found in the general ledger include
Sales, Service Fee Revenues, Salaries Expense, Rent
Expense, Advertising Expense, Interest Expense, and Loss on
Disposal of Assets.
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I got below mail stating to pay 8000 rupees to Wipro but when I went to wipro in sajapur, it was fake mail. If u receives this kind of mail, please don’t respond. Please inform to ur friends regarding this.
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Wipro Limited What is the general net worth percentage banks will observe
while sanctioning the Loans for Tranding, Construction and
Manufacturing units. Accounting for vc money in financials How is the accounting for lease transactions done? could i know how to accounting lease intrest ? The following are the list of Balances of SUNSHINE Company
as at 1.2.2012
RM
Land and building
450,000.
Furniture and Fittings
35,000.
Office Equipment
25,000.
Motor Vehicles
75,000.
Inventory
5,000.
Trade Receivables
12,000.
Trade Payables
8,000.
Bank Loan
200,000.
Bank
13,000.
Cash in Hand
1,000.
Capital
408,000.
Recall a time when you faced a dissatisfied and aggressive customer. How did you handle it? What steps would you take to locate the errors in case trial balance disagrees? Volga is a large manufacturing company in the private
sector. In 2007 the company had a gross sale of Rs.980.2
crore. The other financial data for the company are given
below:
Items Rs. In crore
Net worth 152.31
Borrowing 165.47
EBIT 43.17
Interest 34.39
Fixed cost (excluding interest) 118.23
Calculate:
a. Debt equity ratio
b. Operating leverage
c. Financial leverage
d. Combined leverage. Interpret your results and comment on
the Volga’s debt policy
