Example of Ledger and Preparing Ledger Accounts

Example of Ledger and Preparing Ledger Accounts is summary proceedings which are referred to as control accounts. For example, Accounts Receivable could be a manage account in the general ledger, and there will be a supplementary ledger which hold each customer’s credit movement.

Example of Ledger and Preparing Ledger Accounts

Sana Ahmed Ledger

Example of Ledger and Preparing Ledger Accounts: Learning Objectives: How are ledger accounts prepared? Journalise the following transactions and post them to the ledger accounts concerned: 1991 Jan. 1 Purchased goods for cash 2,000 Jan. 3 Sold goods to Karim 500 Jan. 10 Received