The Final Accounts

In a practical sense, the main purpose of financial accounting is to accurately prepare the final accounts, also known as financial statements. The three main financial accounts are the income statement, the balance sheet and the statement of cash flows.Companies initially began to provide such accounts to provide important information to their shareholders and creditors of loans. Without reliable information, it is much riskier to give capital to a business. In turn, lenders and shareholders compare final accounts ....etc

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Accounting is as old as money itself . Since in early ages
commercial activities were based on barter system, record keeping
was not a necessity. The Industrial Revolution of 19th century along
with rapid rise in population, paved way for the development of
commercial activities, mass production and credit terms. Thus
recording of business transaction has become an important feature. In
recent years with the change of technologies and marketing along
with stiff competition, accounting system has undergone remarkable
changes.
Need and ....etc

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To get full information or details of ledger accounts and trial balance of any business concern with the help of a journal information please have a look on the pages

http://slidesharergarude/project-on-trial-balance-p-l-account-balance-sheet

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What is a general ledger account?

A general ledger account is an account or record used to sort and store balance sheet and income statement transactions. Examples of general ledger accounts include the asset accounts such as Cash, Accounts Receivable, Inventory, Investments, Land, and Equipment. Examples of the general ledger liability accounts include Notes Payable, Accounts Payable, Accrued Expenses Payable, and Customer Deposits. Examples of income statement accounts found in the general ledger include Sales, Service Fee Revenues, Salari ....etc

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Automation of Airtel prepaid distribution Accounts Management

Abstract
The main intention of introducing this system is to reduce the manual work at Airtel Prepaid Office. Every sort of task is performed by the system, such as storing the subscriber, outlets details to reducing much paper work and burden of the file storage and calculating the credit and profit reports in easier manner.
This project is entitled with Automation of Airtel prepaid distribution Accounts Man ....etc

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an analytical study of different ledger accounts aims and objective

1. To Provide Classified Financial Information
The ledger is a permanent book of record which contains a number of accounts of different subjects. Its purpose is, therefore to provide classified financial information about the subjects such as a person, asset and an expense or income.

2. To Provide Check On Arithmetical Accuracy
The fundamental double-entry principle provides that debit is always equal to credit or vice verse. Since the ledger account is prepared under the do ....etc

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