Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. What do you mean by Cross-indexing?
Usually, accountants should check and trace the origin of their transactions so they provide cross indexing. Cross-indexing is the insertion of (a) the account number of the ledger account in the general journal and (b) the general journal page number in the ledger account. As revealed in Exhibit 10 the account number of the ledger account to which the posting was made is in the Posting Reference column of the general journal. Note the pointer from Account No. 100 in the ledger to the 100 in the Posting Reference column beside the first debit in the general journal. Accountants put the number of the general journal page from which the entry was posted in the Posting Reference column of the ledger account. The date of the transaction as well appears in the general ledger. Note the pointers from the date in the general journal to the dates in the general ledger.
Cross-indexing aids the tracing of any recorded transaction, either from general journal to general ledger or from general ledger to general journal. Normally, they place cross-reference numbers in the Posting Reference column of the general journal when the entry is posted. If this practice is followed the cross-reference numbers indicate that the entry has been posted.
i want to work for online assignments in basic accountancy
Q. Learning objectives of inventory turnover ratio? - Net income for an accounting period depends straight on the valuation of ending inventory. - If the ending inventory is
Explain about the payroll register This is a summary of gross earnings, deductions and net pay for all employees for a specific payroll period. Register illustrates all amounts
Q. What do you mean by Overhead? Overhead -- a cost that doesn't vary with the level of production or sales and generally a costnot directly involved with sales or production.
hello, i am in Malaysia and try to reconcile a bank statement in USD. I am confuse on which currency should i follow to enter the bank transactions. If follow in USD, i could not
Q. Explain about delivery expense? When shipping goods FOB destination freight prepaid the seller is accountable for and pays the freight bill. For the reason that the seller c
Q. What is Chart of accounts explain? The chart of accounts is a absolute listing of the titles and numbers of all the accounts in the ledger. The chart of accounts is able to
Finance: It is the part of economics that studies the management of money and other assets. In easier terms it can be explained as the commercial activity of providing funds and c
Accounting information systems' output is required by external and internal users for decision making. you are required to use the following trial balance to prepare financial stat
What if the public holiday falls on a rest day? how to pay and which one is?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd