What are Real accounts and what is the related ledger and the accounting rule?
i-ask! | Have a question? Ask Tutor! What are real accounts? What type of accounts are they and under what books of prime entry and ledger are they maintained? Also state the relevant accounting rule...
View ArticleWhat is the difference between Purchase ledger and Purchase account?
i-ask! | Have a question? Ask Tutor! What is the difference between purchase ledger and purchase account? Aren’t they same? Please explain the difference as I am finding it difficult when to check what...
View ArticleWhat type of accounts are maintained under Purchases ledger?
i-ask! | Have a question? Ask Tutor! What type of accounts are maintained under Purchases ledger? What entries are posted in purchase ledger? Also what is the difference between purchases ledger and...
View ArticleWhat is the difference between General Journal and General Ledger?
i-ask! | Have a question? Ask Tutor! What is the difference between General Journal and General Ledger? Are they same as journal and ledger we usually use or the word ‘general’ itself has some special...
View ArticleWhat is Source document?
i-ask! | Have a question? Ask Tutor! What is source document? Can you please provide any detail about source document in accounting you can tell us about it will be of great help In the business world...
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