Difference between revisions of "Book of final entry"
(→Definitions) |
|||
| Line 4: | Line 4: | ||
==Definitions== | ==Definitions== | ||
According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
| − | :[[Book of final entry]]. Book that records information about [[financial transaction|business transaction]]s from a [[book of original entry]] such as a [[general journal]]. A [[ledger]] is an example of a | + | :[[Book of final entry]]. Book that records information about [[financial transaction|business transaction]]s from a [[book of original entry]] such as a [[general journal]]. A [[ledger]] is an example of a ''book of final entry''. |
==Related concepts== | ==Related concepts== | ||
Revision as of 20:00, 17 December 2018
Book of final entry (hereinafter, the Book) is any book that records information about financial transactions from a book of original entry such as a general journal. A ledger is an example of the Book.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Book of final entry. Book that records information about business transactions from a book of original entry such as a general journal. A ledger is an example of a book of final entry.
Related concepts
- Bookkeeping. Recording, filing, and retrieving of financial data, as well as producing those financial reports that are required by laws.
