November 2003
Intermediate to advanced
186 pages
2h 50m
English
Adjusting entries and closing entries will be covered in Chapter 18. The next step in learning financial accounting is to learn the actual recording of transactions. We get information into the general ledger by journalizing transactions (making journal entries) and then posting them to the general ledger. If the information is not in the general ledger, it won't be on the financial statements, so this is a critical step. The financial statements will be only as good as the information they contain.
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