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nominal ledgergeneral ledgerpurchases ledgersales ledger
it affects the sales tax payable and the accounts receivable.
asset ledger accounts receivable ledger
accounts receivable and accounts payable
accounts receivable ledger, accounts payable ledger, notes receivable ledger, notes payable ledger and equipment subsidiary ledger
nominal ledgergeneral ledgerpurchases ledgersales ledger
it affects the sales tax payable and the accounts receivable.
Personal accounts are those type of a/c which are personal while impersonal a/c are types of a/c which are not personal and consist of two other types of a/c which are :Nominal and Real account
asset ledger accounts receivable ledger
accounts receivable and accounts payable
accounts receivable ledger, accounts payable ledger, notes receivable ledger, notes payable ledger and equipment subsidiary ledger
A control account is an account found in the general ledger such as accounts receivable,Accounts Payable,inventory etc. The accounts are a summation of entries made in the subsidiary ledgers and are.When using a General Ledger, accounts such as Accounts Payable or Accounts Receivable are much easier to work with in the General Ledger if they have a "single" sum of all accounts, in other words.
Liability
No, the accounts payable ledger only contains information related to supplier accounts. The balance sheet and income statement accounts are contained in the general ledger.
A control account is an account found in the general ledger such as accounts receivable,Accounts Payable,inventory etc. The accounts are a summation of entries made in the subsidiary ledgers and are.When using a General Ledger, accounts such as Accounts Payable or Accounts Receivable are much easier to work with in the General Ledger if they have a "single" sum of all accounts, in other words.
No real accounts are for business possessions like assets and stock revenue and expense items are recorded in the nominal also named the general ledger. Personal accounts are for debtors and creditors accounts.
To increase the balance in an accounts payable ledger you credit the account.