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Ledger to ledger in a gold transaction refers to the process of transferring ownership of gold through entries in financial ledgers, rather than physical movement of the gold itself. This is commonly used in digital transactions or trading platforms where the ownership is recorded in a blockchain or centralized ledger. This method enhances efficiency, reduces costs, and minimizes the risks associated with physical handling and transport of gold. It allows for swift settlement and transparency in ownership records.
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What is another name for General Ledger?
Another name for the General Ledger is Nominal Ledger.
What is the purpose of the general ledger?
what is the purpose of the ledger?
What nicknames does Matilda Ledger go by?
Heath Ledger went by Heathy.
What is heat ledger?
Heath ledger is Joker in Batman.
What is city ledger?
Heath Ledger lived in Perth Australia.
How do you use ledger in a sentence?
The merchant recorded my transaction in the ledger.
What is the significance of ledger accounts?
to check the transaction at the end of the day
How to calculate cash flow?
by preparing journal and ledger accounts of transaction
How is a ledger or account book is maintained?
When a transaction occurs, a journal entry is made coinciding with this transaction. Later these transactions are posted from the journal to the ledger, then a trial balance is made to insure that the accounts are accurate and "balance".
The usual sequence of steps in the recording process is to?
analyze each transaction, enter the transaction in the journal, and transfer the information to the ledger accounts.
What are the phases in accounting cycle?
Collecting daa, transaction analysis, journalizing transaction, posting to ledger account, preparing a trial balance
Distinguish between Bin card and store ledger?
Following are the main differences between bin card and store ledger.1.UserBin card is maintained by the storekeeper. Store ledger is prepared by cost accounting department.2. NatureBin card is a record of quantity only. Store ledger is a record of quantities and values.3. PeriodIn bin card, entries are made immediately after each transaction. In store ledger, entries are made periodically.4. PostingPostings are made before a transaction in bin card. Posting are made after a transaction in store ledger.5. Using DepartmentBin card is kept inside the store. Store ledger is kept outside the store
What do i do in general ledger?
General ledger is the book of final entry of all business transactions of a company. Primarily, any end balance from the said ledger of all accounts used by a particular business enterprise is the...The all important books in the financial transaction is known as ledger.A general ledger is a summary of all transactions that occur in a company (this is not entirely accurate, the general ledger shows you the balances and debits and credits to each specific account but..
What types of transaction affect the inventory ledger account in perpetual system?
i also have no idea. is that in your textbook.
What is the transaction code in SAP to view general ledger balances cost center wise?
FS10N - is the the transaction code used for GL Account Balance Display
In the general ledger how are expense account and liability account arrange?
Alphabetically within their own classification
What is a ledger posting machine?
a machine that records detailed transactions on a unit record ledger card. The balance associated with each transaction is summed and stored on a magnetic strip on the card. The machine can read all of the updated ledger cards very quickly to pick up the ledger balances and sum them into a totaling device.
