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accounting

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accounting is one of the branches of business studies and it takes a big part since the net worth of the business, gains and expenses are recorded under accounting. In accounting we have ledgers ,in t... he paper there is wide explanation of categories of legers that is nominal ledger, private ledger and general ledger .in accounting each ledger is treated different have so expounded in the types of ledger.ie is the sales ledgers' known as the debtors ledger. The paper explains the treatment of an increase in the same .There is purchase ledger which is also known as creditors ledger.in the paper an increase in purchases is debited crediting the creditor. [Show More]

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