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]

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