Difference between general journal,general ledger & entries_百度知...

发布网友发布时间：2024-01-23 12:35

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热心网友时间：2024-08-16 22:13

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Can you give me examples to detail the general journal entries and general ledger?Are someones current account,bank account, capital account general ledgers? Or what things can be general journal? Profit Distribution Statement (Profit appropriation account)?e..

,general ledger is the record of all accounting antries.,Entries:
In accounting, there are many 'accounts' in one set of book for a pany, and, we record numbers and figures in these accounts by using/posting "journal entries" in different accounts. Journal entries are using in pairs, i.e. "Debit entries" and "Credit entries". Just like the "+" and "-" in batteries. When there is one 'Debit' there must be one 'credit'. For example when recording an expenses paid by cash we make a journal entry like: Debit - rent expenses $5,000 / Credit - Cash $5,000.

General Journal : A book recording all journal entries made for general purpose.

General Ledger (G/L): All accounts recorded in a set of books. At year end, a summary of all accounts in the G/L will be posted in the "Trial Balance" for preparing Balance sheet and Profit & Loss accounts.,参考: .knowledge.yahoo/question/?qid=7006061700704,