The first stage of the transaction log is Journalized and the second step is to see the transactions in the ledger’ Ledger was known as the director or the head “book of accounts’ In the general ledger financial information is classified according to their nature and relevance’
The assertion that the records of the operations of the parents in one location to a particular topic is known as the account’ The book contains all general ledger accounts are known and the procedure for the preparation of these accounts is called the screen’
The book is the most important book of the account and the fate of the entries made in the Official Journals or sub-divided’ This is a collection of three types of accounts – personal, real and nominal’ If you are faced with questions such as:
- How much should a client?
- What is the amount you pay for all of your suppliers?
- What is the quantity of goods purchased by you during the period of time?
- How many sales you have touched, for example, three months?
- What were your expenses, for example, the labor force during the period?
Then the easiest and fastest way to determine the relevant information back to his great book, find the balance A customer / supplier co A / oc Shopping / c or sell a / c salaries or A / C’
How to Write Better
We must maintain the general ledger accounts’ Each account is assigned one or more pages, depending on demand’ The ledger is usually held in each of these two alternatives’ First option applies in cases where the balance after each transaction, such as banks’
Second option is to follow in cases where the balance should be periodically, eg after a month or every quarter’ In his study of the keeping of books and accounts of T-shape shall be used (two alternatives)’
These transactions are recorded in the ledger in the order of dates’ Each entry must be dated, which is shown in the column of days’ This is the first column to the left of each side of the account’
Enter the amount on the left side of the account, the paper burden and the record on the right side of the account, the magazine is to be credited (using “quantity columns for this purpose)’ In each account in the ledger on the rate of input (left) and part begins with the word “a” and a credit (the main right) part of the word “Al”‘ The column details are referred to another account in question to provide cross-references’ In column folio “is entered on the page of the magazine (or newspaper page split) that the entry was published in the newspaper and column folio, page number of the big book that is written about it seems relevant’
Following the procedure for registration of entries in the ledger, in fact, the amount in this account of receipt of the benefit in the form of cash or goods flow and the inculcation c ie, giving the advantage to receive the credits’
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