Assertion: general ledger | /r/MadeOf | account
Facets:
value: as fixed assets
type: OTHER
value: as revenues
type: OTHER
value: for equity
type: PURPOSE
value: in its double entry bookkeeping system
type: OTHER
value: for expenses
type: TRANSITIVE-OBJECT
value: as capital
type: OTHER
value: with credits
type: OTHER
value: as expenses
type: OTHER
value: generally
type: MANNER
value: as etc
type: OTHER
value: as liabilities
type: MANNER
value: with their debits
type: OTHER
value: to an existing journal
type: TRANSITIVE-OBJECT
Source sentences:
text: Types of general ledger accounts Broadly, the general ledger contains accounts that correspond to the income statement and balance sheet for which they are destined.
text: General ledgers use the Quick Journal Setup window to create a quick journal, to make changes and add accounts to an existing journal or to delete a journal altogether.
text: A ledger is sometimes referred to as the general ledger, which is the aggregate set of records covering all accounts for which a business stores transactional information.
text: A general ledger includes accounts with their debits and credits, and shows all transactions in an account, for one period, for several periods or for a financial year.
text: The main difference between how the general journal works and how the general ledger works is that the general journal itemizes financial transactions by date, and the general ledger is a record of financial transactions by account (or summarized by account).
text: It generally includes such accounts as current assets, fixed assets, liabilities, revenues, expenses, capital, etc.
text: The general ledger (GL) is the main ledger and contains all the accounts a business uses in its double entry bookkeeping system.
text: The general ledger contains all of the accounts currently being used in a chart of accounts, and is sorted by account number.
text: A general ledger contains accounts covering the assets and liabilities that make up a business's activities.
text: The general ledger is a core financial tool for any business, as it contains all accounts for a company’s assets, revenue, equity and expenses.
text: It contains all accounts and their balances for the accounting period.
text: The general ledger contains the accounts used to sort and store a company's transactions.
text: The general ledger contains the accounts used by the company to sort and store the amounts from all of the company's transactions (including all of the payments, receipts, payroll, and general journal entries).