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Basic doubt

Accountancy

What is the logic behind using "To" and "By" in Ledger accounts?

Girinath A

CA Inter

★ 765

08-Sep-21 18:49

268

Answers (3)

You know about the journal entries right, the word "to" & "by" are just came from the journal itself.

Vijay K

CA Inter

★ 9K+

08-Sep-21 22:57

I explained the terms according to my understanding. If you don't get it right please tell about it then the faculty will reply.

Vijay K

CA Inter

★ 9K+

08-Sep-21 23:13

Thank you

Thread Starter

Girinath A

CA Inter

★ 765

08-Sep-21 23:24

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