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What are 5 types of subsidiary ledgers?
accounts receivable ledger, accounts payable ledger, notes receivable ledger, notes payable ledger and equipment subsidiary ledger
What is difference between Nominal Ledger general ledger?
General ledger is just another name given to nominal ledger. Nominal ledger is a ledger that maintains impersonal accounts like sale , purchase, capital etc.
What is Incoming Ledger?
What is in incoming ledger
What is the example of subsidiary ledger?
subsidary ledger
Why is the accounts receivable subsidiary ledger organized in alphabetical ordee?
The Accounts receivable subsidiary ledger or any other subsidiary ledger can be in the form of a card file, a binder notebook, a formal, pre-printed ledger page, or computer files. It will not have page numbers, but each account may have a unique number to help identify it. The accounts receivable subsidiary ledger is organized alphabetically by customer name and address; new customers can be added and inactive customers deleted, once the balance in their account is zero. To make ease in journalizing process, the accounts receivable subsidiary ledger are organized in alphabetical order.
What does a ledger look like?
A ledger is a collection of financial accounts. It will contain a table with various figures and information. It might be a physical book or be made with computer software.
How ar computers used in accounts?
In Financial Accounting the computer is invariably used in business to run the Bought (or Purchase) Ledger, the Sales Ledger and the Nominal Ledger. It might also run the Asset Register and calculate the asset depreciation. In Cost Accounting the computer will be used to calculate the manufacturing costs from a knowledge of the material, labour and overhead costs. Lastly the computer will usually be employed to calculate Wages and Salaries, and produce all the necessary paperwork and statistics.
What are 5 types of subsidiary ledgers?
accounts receivable ledger, accounts payable ledger, notes receivable ledger, notes payable ledger and equipment subsidiary ledger
What is difference between Nominal Ledger general ledger?
General ledger is just another name given to nominal ledger. Nominal ledger is a ledger that maintains impersonal accounts like sale , purchase, capital etc.
What is Incoming Ledger?
What is in incoming ledger
What is another name for General Ledger?
Another name for the General Ledger is Nominal Ledger.
Why AP ledger requires a subsidiary ledger?
AP Ledger requires a subsidiary ledger to help keep the clutter down in the general ledger. The standard ledger can often fill up with a large amount of activity, making it difficult to handle.
What can extend the staff upwards or downwards?
Ledger lines can be used to extend the staff.
What is the example of subsidiary ledger?
subsidary ledger
What is the purpose of the general ledger?
what is the purpose of the ledger?
What is a good sentence for Ledger?
ledger is bad
What is the birth name of Heath Ledger?
Heath Ledger's birth name is Heath Andrew Ledger.
