Ledger
Ledger
is a book of account which is prepare from journal and other subsidiary books
and give a true picture of all business transaction of a particular item on a
summarized form.
Feature of Ledger
v Knowledge
of purchase and sales of goods.
v Knowledge
of debtor and creditor.
v Knowledge
of income, expenditure and cash balance.
v Knowledge
of capital laibilities and assets.
v Preparation
of trail balance and the test of arithmatical accuracy.
v Knowledge
of profit and loss.
v Saving
of time and labour.
v Legal
proof.
There Are Eight Columns Of Ledger:-
1. Date
2. Particulars
3. J.F.
4. Dr.
amount
5. Date
6. Particulars
7. J.F.
8. Cr.
Amount
Structure of Ledger
Dr Cr
|
Date
|
Particualrs
|
J.F.
|
Amount
|
Date
|
Particulars
|
J.F.
|
Amount
|
|
|
To,
|
|
|
|
By,
|
|
|
|
|
Total
|
|
|
|
Total
|
|
|
Debit Side of Ledger
Date:- In the
column we enter the date of the transaction.
Particulars:- In
this column we enter the credited item of the transaction.
J.F.:- In this
column we enter the page number of transaction in a journal.
Amount:- In this
column we enter the debit amount of transaction.
Credit Side of Ledger
Date:- in
this column we enter the date of transaction.
Particulars:- in
this column we enter the debited item of the transaction.
J.F.:- in
this column we enter the page number of transaction in a journal.
Amount:- In
this column we enter the credit amount of transaction.
How to display ledger in tally:-
v On
gateway of tally
v Select
display.
v Press
enter.
v Select
account book.
v Press
enter.
v Select
ledger.
v Press
enter.