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| ID: | 230 | | Title: | Difference Between Journal and Ledger - http://ezinearticles.com/?Difference-Between-Journal-and-Ledger&id=589739 | | Description: | Journal and Ledger both are prime book of entries and journal is the first step of writing the transactions and ledger is posting of the entries of journal or transactions. Double entry aspect of accounting entries ensures that each account in ledger reflects correct transactions for the account. In ledger each account has listing of transactions that affected the account being listed. Amount is mentioned against each/part of transaction. | | Category: | Accounting | | Link Owner: | | | Date Added: | June 03, 2007 09:27:13 PM | | Number Hits: | 3 | | |
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