
What Is A General Ledger Account?
In that case, to get the job done—creating a chart of accounts, creating trial balances, and producing monthly financial reports—you should consider talking to a bookkeeper. General ledger accounts post to the balance sheet or the income statement. These categories stay in place, regardless of the business’s accounting method. A journal entry includes an account number, a date, a dollar amount, and a description of the entry. In some cases, accountants post information to control accounts […]