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what is a general ledger
Question
Asked 2/8/2012 9:02:56 PM
Updated 6/27/2014 7:15:32 AM
3 Answers/Comments
Flagged by andrewpallarca [6/27/2014 7:15:10 AM]
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User: what is a general ledger

User: what does an income summary do

User: time principle

Question
Asked 2/8/2012 9:02:56 PM
Updated 6/27/2014 7:15:32 AM
3 Answers/Comments
Flagged by andrewpallarca [6/27/2014 7:15:10 AM]
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8
A general ledger is a complete record of financial transactions over the life of a company.
Added 6/27/2014 7:00:21 AM
This answer has been confirmed as correct and helpful.
Confirmed by andrewpallarca [6/27/2014 7:15:43 AM], Rated good by andrewpallarca
8
The time period principle is the concept that a business should report the financial results of its activities over a standard time period, which is usually monthly, quarterly, or annually.
Added 6/27/2014 7:02:30 AM
This answer has been confirmed as correct and helpful.
Confirmed by andrewpallarca [6/27/2014 7:15:50 AM], Rated good by andrewpallarca
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Wallet.ro, please don't forget to flag conversations if you are correcting them.
Added 6/27/2014 7:15:32 AM
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general ledgar
Question
Updated 4/19/2016 11:57:03 PM
1 Answer/Comment
A general ledger contains all the accounts for recording transactions relating to a company's assets, liabilities, owners' equity, revenue, and expenses.
Added 4/19/2016 11:57:03 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [4/20/2016 12:17:03 AM]
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1 Answer/Comment

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Updated 5/22/2015 11:49:14 PM
1 Answer/Comment

Prime Rate is the interest rate that commercial banks charge their most credit-worthy customers.

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