Accounting Process
Accounting is the process of recording financial transactions pertaining to a business.
What is Trail Balance?
A trail balance is the summery of ledger balance.
What is Journal ?
A journal is a detailed account that records all the financial transactions of a business, to be used for the future reconciling of accounts and the transfer of information to other official accounting records, such as the general ledger.
Journal Example :
What is General Journal ?
A general ledger represents the record-keeping system for a company’s financial data, with debit and credit account records validated by a trial balance.
General Journal Example :
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