a book that you list your stock in
sales ledger control account and purnchase ledger control account
Below self balancing scheme, change financial records are ready in every ledger but in sectional complementary scheme control the books are set only in General Ledger
how to fill a membership transfer ledger book
The mismatch between bin card and stock ledger is called as "stock discrepancy".
A general ledger contains control accounts. This type of accounting system allows for more detailed accounting details to be entered into a separate ledger altogether.
a book that you list your stock in
sales ledger control account and purnchase ledger control account
Below self balancing scheme, change financial records are ready in every ledger but in sectional complementary scheme control the books are set only in General Ledger
how to fill a membership transfer ledger book
The mismatch between bin card and stock ledger is called as "stock discrepancy".
Yes. The balancing entry is passed in the self balancing ledger.For e.g. an increase in debtors due to sales will have the following entry passed- Debtors Ledger Adjustment a/c[In the general ledger] dr. To Sales a/c General Ledger Adjustment a/c[In the Debtors Ledger] dr. To Debtors Ledger Adjustment a/c[In The general Ledger]
Level of stock at which order is made for new stock.
Under the self-balancing system, it is possible to construct a complete trial balance from each ledger, debtors ledger, creditors ledger
No stock ledger and bin card are not same because it does not hold all details of the product as in ledger. The bin card holds details of the quantity, date of receiving product, issue, quantity after and before issue etc M.Sai Kumar
a ledger account if made for credit sales.
Its a contra settlement. for sales ledger control a/c ...we put contra settlement in the Cr side and in purchases ledger control a/c ..we put contra settlement in the Dr side