Examlex
Industrialization generated the movement of population from the countryside into towns and cities,which is known as:
Journal Entries
The records of financial transactions in an accounting system that detail the accounts affected and in what manner, serving as the primary means to document financial activity.
General Ledger
A complete record of all financial transactions over the life of a company, used to compile the financial statements.
Ledger Accounts
Accounts contained within a ledger, representing a summary of all financial transactions related to that account's category.
Normal Balance
The side (debit or credit) of an account that is usually increased, reflecting its nature as an asset, liability, equity, revenue, or expense.
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