A General Ledger is the main ledger & all other ledgers like, Account Receivable, Account Payable Ledgers are all sub ledgers. Previously there used to be only one ledger ie the General Ledger, but as Business grew, the number of accounts too multiplied, so, the General Ledger started getting fatter, therefore the need to bring out accounts of similar nature out of General ledger & create sub-ledgers. However, there is a representative account for the subledgers in the General Ledger, which maintains only the balances of the various accounts in the Sub-Ledgers.So, by doing this the Trial Balance can always be created from the General Ledger only.
If you are asked about why you're interested in the purchase ledger clerk position, you would talk about what excites you about the position and the opportunity. You could also mention any relevant skills you have that would make you a good choice for the job.
Retail sub sectors are the different categories of product types, eg, clothing and footwear, DIY,
The Hang Seng Index is used to record and monitor daily changes of the largest companies of the Hong Kong stock market and is the main indicator of the overall market performance in Hong Kong. There are 4 sub indices of the Hang Seng Index. They are: * Hang Seng Finance Sub-index * Hang Seng Utilities Sub-index * Hang Seng Properties Sub-index * Hang Seng Commerce & Industry Sub-index
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The division of labour as an economic sub system in sociology results to specialization which leads to learning and development of new skills.
accrued accounts
A forward sub ledger is the opening balance of your subledger. A subledger is known as the individual ledgers WITHIN the general ledger. For example, The debtors SUBLEDGER is also known as the detailed Debtors Trial balance or the Accounts receivable ledger The creditors SUBLEDGER is also known as the detailed Creditors Trial balance or the Accounts payable ledger
SUB LEDGER (Depatmental Operating Accounts)An account in the Sub Ledger has a non-zero first digit (eg. 3-3XXXX) and reflects all budget, revenue, expense and encumbrance activity for the current year. Except for a very few cases, all requisitions should be prepared using Sub Ledger accounts.GENERAL LEDGERAn account in the General Ledger has zero as its first digit (eg. 0-3XXXX) and reflects the cumulative status to date of the account. The most important information on the General Ledger account statement is the fund balance account control (3X00, where X represents the second digit of the account number). This amount is the cumulative account balance. If the amount is a credit (negative figure) there is a surplus in the account. If the amount is a debit (positive figure) there is a deficit in the account.
bills payable
Cost Management
accounts receivable ledger, accounts payable ledger, notes receivable ledger, notes payable ledger and equipment subsidiary 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 in incoming ledger
Another name for the General Ledger is Nominal 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.
Ledger lines can be used to extend the staff.
ledger is bad