Chart of accounts (CoA): A list of every account in the general ledger, somewhat comparable to a table of contents. Journal entry: The record of a single transaction. Why do companies use general ...

The parent company then must either incorporate each additional account code into its own general ledger for consolidation purposes or develop a complicated consolidation table to convert each ...

The table below is a simple example of what a double-entry general ledger may look like. The transaction details contained in the general ledger are compiled and summarized at various levels to ...

A general ledger is an accounting record book in which ... How to Create a Loan Amortization Table How to Create a Loan Amortization Table. When a small business takes out a loan, it will ...

Both the General Ledger and Transaction Detail by Account reports provide you with crucial information about how your company manages its money. QuickBooks uses a double-entry bookkeeping system ...