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 :