Forums
Back
iam I correct or not
Accountancy
The business transactions are recorded in journal book like a entries of accounting language then the posted into the ledger account for specific view and analysis statement third processes trial balance Note: in trial balance debit side and credit side the items are allocated in trial balance what are the items are placed in debit side that should be posted into the credit side while making ledger In trial balance what are the items are placed in credit side that should be posted into the debit side while making ledger Which means By means .......To To means .......By
Answers (7)
CA Suraj Lakhotia Admin
Not sure what your question is.
Honourable sir in ledger we are posting To and By know For an example the purchase is Debit (BY) but in final accounts we are posting To purchase So iam I right
Your Reply