Ledgers, Financial Management

Assignment Help:

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

 

 


Related Discussions:- Ledgers

Steps, how control the steps

how control the steps

What is abc analysis, Q. What is ABC Analysis? ABC Analysis: - ABC Anal...

Q. What is ABC Analysis? ABC Analysis: - ABC Analysis is a method of controlling different items of inventory. Generally a firm has to maintain several different items as inven

What are the failure of mergers and takeovers, Failure of mergers and tak...

Failure of mergers and takeovers Failure of mergers and takeovers Poor strategic plan will result in slow or failed integration. Integra

Routine functions, Routine functions For the efficient execution of the...

Routine functions For the efficient execution of the managerial finance functions, routine functions have to be executed. Such decisions concern procedures and systems and incl

Sources of return, When an investor invests in fixed income sec...

When an investor invests in fixed income securities, he receives returns from one or more of the following sources: Coupon Interest payment.

Assignment ., Gretz Tool Company is a large U.S based Multinational Corpora...

Gretz Tool Company is a large U.S based Multinational Corporation with subsidiaries in eight different countries. The parent of Gretz provided initial cash infusion to establish ea

Declaration of auction results, Typically, there exist two type...

Typically, there exist two types of bids in the treasury auction process. They are: Competitive bid and non-competitive bid. A non-competitiv

HOW TO MANAGE FINANCES?, What are the strategies in managing your finances?...

What are the strategies in managing your finances? How it should be monitor?

Leverage, ABC Ltd. Produces electronic components with a selling price per ...

ABC Ltd. Produces electronic components with a selling price per of Rs.100. Fixed cost amount to Rs.2,00,000/- 5000 units are produced and sold each year. Annua

When they analyze pro forma financial statements, What do financial manager...

What do financial managers look for when they analyze pro forma financial statements? After the pro forma financial statements are finished, financial managers examine the

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