LEDGER AND TRIAL BALANCE

Note :

1. Extries marked with will* not be posted any where in the ledger.
2. Closing Balances of Cash and Bank will be shown in the Trial Balance.
3. All other A/cs shown in the Debit side will be credited & All other A/cs shown in the Credit side will be debited.

Posting of opening Entries :

1. Fist of all opening Journal Entry is done in the Journal proper.
2. All Assets A/cs are Debited and Liabilities A/cs are Credited. Defference between the totals of the two sides is the Capital.

Important : Besides opening Journal entries, any transaction which is not
covered under any of the Subsidiary Book is done in Journal proper.

 

CBSE Accountancy Class XI ( By Mr. Aniruddh Maheshwari ) 
Email Id : [email protected]