All business transactions are recorded to a company's books, or general ledger, through the use of a journal entry that contains various debits and credits. Cash sales can be recorded to the company's ...

Using the ledger-to-ledger transaction accounting method keeps track of your business activities. Each transaction is analyzed and recorded in the appropriate ledger. With the exception of the general ...

A ledger that keeps a record of the customers that a business has extended credit to and how much they owe. It also includes a compilation of their payment history and credit transactions. The ...