accounts, Accounting Basics

Assignment Help:
“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.

Related Discussions:- accounts

BRS, what is the BRS

what is the BRS

Net book value, When we say an asset is at its Net Book Value, Does that me...

When we say an asset is at its Net Book Value, Does that mean Cost of asset + Revaluation added - Accumulated Depreciation or Revaluation is not relevant for calculating the NBV?

Vat refundable , Describe what journal entry pass in case of vat refundable...

Describe what journal entry pass in case of vat refundable and in case of vat payable?       Ans) In case of vat payable: output vat Toinput vat To vat payable In case o

What do you understand by revenue, Q. What do you understand by Revenue? ...

Q. What do you understand by Revenue? Revenue -- Amounts received by or due a company for services or goods it provides tocustomers. Receipts are cash revenues. Revenues can al

You won a lottery which pays $10, You won a lottery which pays $10,000 per ...

You won a lottery which pays $10,000 per year for 10 years (at the end of each year). Assuming a discount rate of 8% calculate the present value of your expected winnings

Accounting cycle, Is here sample assignment for accounting cycle?

Is here sample assignment for accounting cycle?

In between fifo and lifo which one is the correct method, Q. In between FIF...

Q. In between FIFO and lifo which one is the correct method? The differences for the four methods take place because the company paid different prices for goods purchased. No d

Reasonable accuracy, Some the other concepts, as for example: the Matching ...

Some the other concepts, as for example: the Matching concept, the Dual Aspect concept and the Realization concept are discussed in further sections, and as they have not been take

High-fiber diet for diverticular disease, Q. High-fiber Diet for diverticul...

Q. High-fiber Diet for diverticular disease? For mild symptoms, a clear liquid diet is recommended. More serious cases may require hospitalization, intravenous feeding to rest

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd