A journal is a detailed record of all transactions done by a business. The information recorded in a journal is used to reconcile accounts. Entries are usually recorded using a double-entry method. The double-entry method records a transaction in two (or more) entries. Each entry identifies the account affected, and whether the account is a credit or a debit. The totals of credits and debits must be equal. Single-entry bookkeeping is rarely used. In the investing world, a journal is a running list of trades made by an investor and why. A ledger is a book or digital record that contains accounting transactions. It can contain detailed information for one account or type of transaction, or a summary of all a company's financial transactions for a specific period. Ledgers can contain: An opening or brought-forward balance A list of transactions, each recorded as either a debit or credit in separate columns Detailed transaction information for one account or one type of transaction Summarized information for all of a company's financial transactions over a period

2. MITSUBISHI GROUP OF AUTONOMOUS JAPANESE COMPANY. IT DEALS IN AUTOMOBILE
SECTOR. IT HAS VARIOUS ALLIANCE WITH different countries with different companies in
Japan, it has an alliance with Keiretsu, and the group is known as the largest manufacturer of
Japan. 34% of Mitsubishi is owned by Nissan and thus it is also a part of the Nissan-Renault-
Mitsubishi alliance.
Mitsubishi Motors is the sixth biggest automaker in Japan and the sixteenth in the world and has a
headquarters in Tokyo. This company has an annual turnover of 1.92 trillion JPY and deals in both
cars and heavy vehicles. It has a presence in all categories of cars such as hatchbacks, SUVs and
sedans.
Neetu Tiwari
The company manufactures cars in 5 factories which are located in 3 countries in the world each of
which is fully owned subsidiaries and they co-own another 10 factories where their cars are
manufactured in various locations.
The company has also been lately involved in research on alternative energy and vehicles like hybrid
cars and electric cars. Some of their recent electric cars have received a favorable response from the
market.
ABOUT MITSUBISHI MOTORS

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