A general ledger is the foundation of a company’s double-entry accounting system. General ledger accounts encompass transaction data needed to produce an income statement, balance sheet ...

Most journal entries are composed in a double-entry bookkeeping method. A journal is a detailed record of all transactions done by a business used to reconcile accounts. Entries are usually ...

Beginning with a consideration of accounting as an information system, you will explore the structure of the double-entry bookkeeping system, the periodic measurement of profit by businesses, and the ...