ledger account

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Querist : Anonymous

Querist : Anonymous (Querist)

09 August 2010 is there compultion to write "to" &"by" in ledger accounts

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
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10 August 2010 This is the tradition which is followed.

It makes easy recognition whether a particular account has been credited or debited.

Whenever we write "To" it means the particular account has been credited.

For opposite i.e. Dr. we use to write By.

Bye-bye.

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Querist : Anonymous

Querist : Anonymous (Querist)

10 August 2010 actually i m in 12 class & my mam told me that nowadays the rule for writing "to" & "by" is not in use

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CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
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10 August 2010 (humour)

Your mam is advanced.

She tells "rule" which is actually a tradition.

(principle)

Rule are always followed. These are not broken generally. Although there may be some exceptions to the rule.

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Querist : Anonymous

Querist : Anonymous (Querist)

11 August 2010 thank you sir
i will ask my teacher again on this topic

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