eco-02, Accounting Basics

“Ledger is said to be the principal book entry and the transactions can even be directly
entered into the ledger account.” Elaborate and explain why journal is necessary.
Posted Date: 3/29/2013 10:48:21 AM | Location :







Related Discussions:- eco-02, Assignment Help, Ask Question on eco-02, Get Answer, Expert's Help, eco-02 Discussions

Write discussion on eco-02
Your posts are moderated
Related Questions
The Dividends account increases (debited) as well as an asset cash decreases (credited) by USD 3000. Transaction 15 brings to a close the analysis of the Micro Train Company transa

We are here left along with statement (d) that defines an accountant as a professional and emphasize his pre-occupation within management of information for internal utilization as

Identify and explain the two ratios that are used to assess the solvency of a business.

Consider the following 2008 data for Newark General Hospitals (in millions of dollars Simple Budget_______Flexible Budget_ Actual Budget__ Revenue______$4.7$____4.8_____$4.5____.

Q. Financial accounting versus managerial accounting An accounting information system offers data to help decision makers both outside and inside the business. Decision makers

Common size Financial Statements:   Below this process, the total of the tasks side and the total of the possessions side of a Balance Sheet are taken as 100 and each item in

Q. What is Articulate? The fundamental accounting concept of the double-entry method of recording transactions. Under the double-entry approach each transaction has a two-sided

Q. Calculate the gross margin percentage? Calculate the gross margin percentage by using the following formula Grossmargin percentage = Grossmargin/Net sales To show th

Q. Explain accounting cycle? Creditors, Investors as well as Managers use these statements in evaluating management's past decisions and as a basis for making future decisions.

There is almost not, any organization that does not have an accountant. His task is all pervasive and he is included in a broad range of activities, particularly in a huge and comp