Accountancy, asked by gauthamnayak4218, 10 months ago

Account project for class 11 voucher, trial balance , ledger , jourhal , cashbook ,brs

Answers

Answered by shruti202068
0

Explanation:

Accountants may differ on the account title (or name) they give the same item. For example, one accountant might name an account Notes Payable and another might call it Loans Payable. Both account titles refer to the amounts borrowed by the company. The account title should be logical to help the accountant group similar transactions into the same account. Once you give an account a title, you must use that same title throughout the accounting records.

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