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How Journal Entries Are Posted to the General Ledger

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How Journal Entries Are Posted to the General Ledger

Every transaction recorded by a business needs to find its way into the General Ledger. But how does that actually happen? In this video, I walk through a simple example using a fictional gym in Pewter City. You'll see how a business transaction is first recorded as a Journal Entry, how debits and credits affect different accounts, and how ...

4.2K views1 month ago

Accounting Basics

How Expenses Impact the General Ledger

How Expenses Impact the General Ledger

YouTubeAccounting Stuff

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Why Do Businesses Use Subledgers?

Why Do Businesses Use Subledgers?

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Trial Balance Quiz (Part 1 of 5)

Trial Balance Quiz (Part 1 of 5)

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