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  • Financial Accounting 1: Week Three Ledger Accounts/Trial Balance

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    Sures Rez
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    Ledger accounts are used to record individual transactions for specific accounts, such as assets, liabilities, equity, income and expenses. The course material refers students to the Course Workbook and Handout 1 for more information on opening and maintaining ledger accounts. A trial balance is produced from the ledger accounts to check that debits equal credits across all accounts.

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    Ledger accounts are used to record individual transactions for specific accounts, such as assets, liabilities, equity, income and expenses. The course material refers students to the Course Workbook and Handout 1 for more information on opening and maintaining ledger accounts. A trial balance is produced from the ledger accounts to check that debits equal credits across all accounts.

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    32 views2 pages

    Financial Accounting 1: Week Three Ledger Accounts/Trial Balance

    Uploaded by

    Sures Rez
    Ledger accounts are used to record individual transactions for specific accounts, such as assets, liabilities, equity, income and expenses. The course material refers students to the Course Workbook and Handout 1 for more information on opening and maintaining ledger accounts. A trial balance is produced from the ledger accounts to check that debits equal credits across all accounts.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    FINANCIAL ACCOUNTING

    1
    WEEK THREE
    LEDGER ACCOUNTS/TRIAL
    BALANCE

    Ledger accounts
    Once we have got all the
    transactions, we have to proceed
    to open the ledger accounts.
    Refer to Course Workbook /
    Handout 1

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