which is an old-fashioned term for a record-keeping system for a company’s financial data. In the general ledger, all accounting activities are summarized and sorted into one of the following ...

General ledger records company transactions ... ultimate responsibility for the content. Accounting records known as ledgers are 5,000 years old, dating back to ancient Mesopotamians who recorded ...

Accounting is several centuries old. Luca Pacioli ... where accountants record financial information. The general ledger includes miscellaneous transactions and the aggregate balance of all ...

Computerized accounting systems are barely two generations old, but they have already revolutionized ... Manual accounting systems are kept in ledger books, which are always available for you ...

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 ...