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Q22-2.1 Basic Bookkeeping > Part 2 Basic BKK > Flashcards

Part 2 Basic BKK Flashcards

1
Q

What is the general ledger?

A

-where all double entry transactions are recorded

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2
Q

What is the receivables ledger?

A

-where all single entry transactions are recorded for individual credit customers

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3
Q

What is the payables ledger?

A

-where all single entry transactions are recorded for individual credit suppliers

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Q22-2.1 Basic Bookkeeping (4 decks)

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