All the business transactions are first recorded in Journal or Subsidiary books in a chronological order when they actually take place and from there the transactions of similar nature are transferred to Ledger and this process of transferring is called as Ledger Posting.
Why you choose MBA?
What you have learnt from your failures?
Can you walk me through a cash flow statement?
MBA Finance Capital market interview questions
What is a deferred tax liability and why might one be created?
How is it possible for a company to show positive net income but go bankrupt?
What is a deferred tax asset and why might one be created?
Why are increases in accounts receivable a cash reduction on the cash flow statement?
Is it possible for a company to show positive cash flows but be in grave trouble?
How is the income statement linked to the balance sheet?
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