A small business must record all transactions related to customer sales and payments on the company's general ledger and accounts receivable ledger. Journal entries are used to record these ...
Maintaining a general ledger helps you gauge a business's financial health and avoid accounting mistakes. Learn what a ...
Learn how double-entry accounting records transactions twice, ensuring balance and accuracy by showing both a credit and a ...
Small business users of QuickBooks may rarely, if ever, need to make a journal entry in their books. A journal entry splits a transaction into two parts, recording a debit for one account and an equal ...