Ledger Question:

Explain adjustments for saving a/c of branches and Head Office?

Ledger Interview Question
Ledger Interview Question

Answer:

year closing of banking software which General ledger balance carried forward and which is closed. and tell me adjustment about the saving a/c of branches and Head Office for year ending operation


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Tell me how the Sub Ledgers(AP,AR) integrate with GL?Explain why do companies need adjusting journal entries?