All of the transaction information for an accounting general ledger is obtained from the general accounting journal. How to Do a Journal Entry for Purchases on a Notes Payable. Unlike an accounts ...

Bookkeeping is an essential part of running a business, no matter the size. Recording all of the firm's financial transactions, both income and expenditures, gives management a clear picture of ...

andresr / Getty Images When it comes to tracking the finances of a business, a double-entry accounting system that uses both a general ledger and a general journal is usually the best method for ...