|What is a ledger entranceway in Accounting? |
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|Â Â [pic]Journal entry is an entry to the journal. |
|Â Â [pic]Journal is a record that keeps account statement minutes in chronological order, i.e. as they occur. |
|Â Â [pic]Ledger is a record that keeps accounting transactions by accounts. |
|Â Â [pic]Account is a unit to record and summarize accounting transactions.
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|Â Â [pic]All accounting transactions are recorded through journal entries that show account names, amounts, and whether those accounts are recorded in debit or credit side of |
|accounts. |
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