Accountancy, asked by bijoyoraon6pdidho, 1 year ago

what are the process of doing ledger.say me plz

Answers

Answered by Divyasamota
1
Ledger scrutiny is part of audit procedures, like vouching, posting etc.The scrutiny is required in all type of audit whether the same is Internal Audit, Statutory Audit. Ledger scrutiny is  to be done for all type of clients whether the same  is Pvt Co., Public Ltd, or a concern. The ledger Scrutiny is  also required  irrespective of whether the accounts are maintained manually, on Tally, or SAP  or customized accounting software. Where ever there is a ledger, whether the same Stock Ledger, Accounts Ledger,Drs, Crs, Exp. Ledger, Ledger scrutiny is must.

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Answered by vanshikachuriwal
0

In simple words we can say that - Debit side all the payments. Credit side all the receipts.

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