What is General Ledger

Answer Posted / sri

In TALLY, a Ledger means, is an electronic page to
summarize about one person's or creditor's or debtor's or
one thing regularly purchased item or name specified for a
group of expense like tea & snacks, postage & couriers
etc., will be accounted on the name given to the ledger at
the time of creation. using one ledger we can enter all
types of journal entries.

Is This Answer Correct ?    2 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What type of questions in accouting point of respect they ask genrally plz help me find out this.

1582


are there any sub-types of the 4 main types of bank accounts ?.........if yes what are they?

1983


what is joint venture?

1651


Expand CCIT?

1993


How you implemented a chargeback system?

1785






how history is helpful for banking?

1553


Ledger Is The Principle Book Of Accounts In Business. Do You Agree For It. Comment On Your Confirmation?

1660


Which Exchange determine Foreign Exchange/Currency Rate?

1510


Whether the TIN and CST no. remain same for a firm in M.P. state. If a firm ask for CST but having only TIN no. is it correct to entertain his invoice?

1472


Who to create a budget on software company

1788


what is the global prameters why are you selecting for the negative posting period allowed, defalult value date,proposed fisal year

2001


what is accounting in automobile

1682


What are different types of reports made in tally

1794


plz send me the accounting questions and answers of bank of america.

1430


how to pass journal entry or where to show forein transaction reserv in Bal sheet. pls explain basic

1596