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3 years ago

In a general ledger, credits always go on the

Business

2 answers:

Alenkasestr [34]3 years ago

6 0

Answer:

The correct answer would be, Credit always goes on the right side.

Explanation:

General Ledger is the set of accounts that businesses keep and maintain to have a record of their financial transactions. These ledger accounts help the accountants to make the financial statements and reports of the organization. Each account contains full detail about the specific account title. For example there would be a general ledger of Cash and this ledger will record all cash related transaction, and in the end will tell you the balance of cash account.

The format to write the ledge is to make a T account, and write Debit on the left side and credit on the right side, and record the transactions.

elena-s [515]3 years ago

3 0

Answer:

And for anyone wondering, debits go one the right.

Explanation:

"In a general ledger, debits always go on the left and credits always go on the right."

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Rhetorical explanation or definition.

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4 years ago

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Katarina [22]

Answer: Promotion

Explanation:

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4 years ago

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Liula [17]

Trading or Marketing guides/instructions

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3 years ago

If you cause a car accident, which type of insurance will require you to pay the least out of pocket?

il63 [147K]

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4 years ago

Fixed asset accounting systems include cost allocation and matching procedures that are not part of routine expenditure systems.

nikklg [1K]

Answer:

The correct answer is A.true.

Explanation:

Fixed asset accounting systems include cost allocation and matching procedures that are not part of routine expenditure systems.

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3 years ago