Ledgers, Financial Management

Ledgers:

Ledgers record all the entries into the Cash Books. They use the concept of 'double entry' bookkeeping where every ledger entry must be accompanied by another ledger entry that is exactly the opposite.

Typical Ledger pages may look as follows:

                        Bank Ledger                                               Office Ledger

Date

Particulars

Folio

DR

CR

 

Date

Particulars

Folio

DR

CR

15/7/05

Prof Fees - Nicholls to Walsh

CR1

4000

 

15/7/05

Prof Fees - Nicholls to Walsh

CR1

 

4000

17/7/05

Prof Fees paid to J&J Real Estate

CP1

 

4000

17/7/05

Prof Fees paid to J&J Real Estate

CP1

4000

 

 

Posted Date: 10/1/2012 4:30:11 AM | Location : United States







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

Write discussion on Ledgers
Your posts are moderated
Related Questions
how would you judge the potential profit of bajaj electronics on the first year of sales to booth plastics and give your views to increase the profit ?

Explain what is meant by the incremental cash flows of a capital project. Incremental cash flows are defined by the change in total firm cash inflows and cash outflows which ca

I am facing some problems in my assignment of Portfolio Management. Can anybody suggest me the proper explanation for it?

A w ard of contract In previous sub section you learnt in what situations you can negotiate. Now let us discuss the procedure for awarding the contract. Below are the step

Traditional Approach of financial management Traditional approach to the scope of financial management refers to its subject matter, in academic literature in initial stages o

Yield to put is the rate at which the present value of cash flow to the first put date is equal to the price plus interest rate. It is used for

On-the-run treasury issues are the most recently auctioned issues of a given maturity. They include Treasury bills of 3-month, 6-month and 1-year maturity;  treas

The process by which an organization increase money by issuing equity and gets listed on a public stock exchange.

The Oasis Report Amidst all these problems, the Ministry of Social Justice and Empowerment constituted a committee with a view to improve old-age social security in the country

What do you understand by financial viability of the organization? 2 : Define Following accounting and financial terms: Asset Liability Equity Income Expense