Search Interview Questions
Question: What Is The Difference Between JOURNAL ENTRY & LEDGER
Answer: A journal is also called as a book of prime entry.
transactions occured are first entered in this book to show
which accounts should be debited and which should be credited.
on the basis of entries made in the journal, accounts are
prepared, the book which contains the accounts is called a
ledger. transactions entered in the journal are classified
according to their nature and posted in their respective
accounts in ledger. it is also called as book of final entry.
|
|||||||||||
Question: What Is The Difference Between JOURNAL ENTRY & LEDGER
Answer: A journal is also called as a book of prime entry. A journal is also called as a book of prime entry. ![]() ![]() If you have the better answer, then send it to us. We will display your answer after the approval Rules to Post Answers in CoolInterview.com:-
|
Related Questions | ||
What is EPS? |
|
|
What Is Outsource? |
|
|
What is Secondary Market? |
|
|
What Is EFT? |
|
|
What is the difference between real money & nominal money? |
|
|
What is Beta? |
|
|
What is accounting management? |
|
|
What is RAROC? |
|
|
What is Retained Earnings? |
|
|
What is authorized Capital? |
|
|
Define Fair Value? |
|
|
What is meant by Take Over ? |
|
|
What Is Inflaition? |
|
|
What is Preference Capital? |
|
|
What is Call Option? |
|
|
What is Demat Account? what is the use of it? |
|
|
What are debentures? |
|
|
What is Networth? |
|
|
What Is EBIDTA? |
|
|
What is Discount Cash Flow Management? |
|
Please Note: We keep on updating better answers to this site. In case you are looking for Jobs, Pls Click Here Vyoms.com - Best Freshers & Experienced Jobs Website.
View All Finance Interview Questions & Answers - Exam Mode / Learning Mode
India News Network |