Ledger

Ledger

, &




Important: -
LEDGER

Invoice : In lase
of credit sales L > clarification
lash memo : In Cash sales Books which contains all the
case
of W




Accounts Similiar nature transactions are
grouped
>
-

Ledger : principal Book together
.




:
Analytical order



> systematic arranagement of accounts




Eg Bank 114) 2023 - 100, 000
:


~ Balance as on




W




Assets Bank sales -
+ E50, 000 Dr .




payment [expeur] -- 10 , 000 12.



Balance =1, 40 , 000




other Alc Bank Al
Name
of
7
Dr T
.

~
/U .




DATE particulars 3 E DATE Particulare I E

11n 123 balance bid
BY
To 100, 10 , 000
000
expense

sales 50, 000 140 ,
To Al
By Balance (Id 000




150 , 000 150 , 000


1 In 123 To bal bld 140 , 000




Journal
>
-
Posting Ledger
* How to calculate Balances



&
1
.
Total
of Sides
Both Calculate the
difference
7 (U . ,
>
-


if Dr .
Debit balance




(U .
> Dr . Gedit balance

, >
-

Transfer of Balances :-
Temporary
7

Nominal
Assets Liabilities
Capital Expense Revenue


Balance Sheet
Trading . PAL Alc
totaled and

>
At the end
of the
yearbalance are transfer to




Trading ,
PAL Al



Q At
.
the end
of the year Reut Al



all the Nominal Alc are To Bank All 10, 000
By Bal 11d 10, 000




Balanced- > FALSE


(Bal Sheet
.




> will not be transferred to




balance sheet balance will



be
transferred to PALAK




at the ended
year




Dr .


Stationery Alc Cr.




DATE Particulars LoF E Date Particulars LoF E


3022 2022



Jan 1 To balance did 480 Jan 31 To balance (d 2560


Jan 5 To Bank Al 800



Jan 15 Fire Star
Stationery Mart 1
,
280




2560 2560


To balance bid
2022
fet 2560