Examlex
Solve for x:
= 10
General Ledger
The master set of accounts that aggregates all transactions recorded for a business.
Subsidiary Ledger
A detailed ledger that contains the supporting documents for a specific main account, such as accounts payable or receivable, to keep the general ledger uncluttered.
General Journal
A primary accounting record where financial transactions are initially recorded, before posting to specific accounts in the ledger.
Credit Entries
Accounting entries that increase liabilities, equity, and income accounts, or decrease asset and expense accounts.
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