Accountancy, asked by Anjnak6398, 1 year ago

l want the project on ananalytical study of 25 different ledger accounts

Answers

Answered by steny1
1
1. Asset ledger:contains accounts relating to assets, p. Account of the machinery, account of the building, account of the furniture, etc.
2. Liability ledger:contains the accounts of various liabilities, p. Capital (Owner or Partner), Loan Account, Bank Overdraft, etc.
3. Revenue Ledger:Contains revenue accounts for example. Sales account, earned commission account, received rent account, received interest account, etc.
4. Expense Ledger:Contains the various expense accounts incurred, p.Wage Account, Rent Account Paid, Electricity Spending Account, etc.
5. Debtors Ledger:Contains the accounts of the individual commercial debtors of the company. Individuals, firms and institutions to whom goods and services are sold on credit by companies become the"commercial debtors" of the business.6. Ledger creditors:Contains the accounts of the individual creditors of the business. Individuals, companies and institutions from which a company buys goods and services on credit are called "business creditors" of the company.
7. General Ledger:contains all those accounts that are not covered under any of the previous book types. For example, Landlord A / c, Prepaid insurance A / c, etc.

hope it will help you.
plz mark brainliest
Similar questions