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If the CPI changes from 125 to 120 between 2012 and 2013,how did prices change between 2012 and 2013?
Ledger Accounts
Financial records within a ledger that summarize the transactions related to a company's assets, liabilities, equity, revenues, and expenses.
Trial Balance
A financial spreadsheet where the totals from all accounts are gathered into columns for debits and credits, serving to verify the mathematical accuracy of a firm's accounting records.
Balance Sheet
A financial statement that presents a company's financial position at a specific point in time, including assets, liabilities, and equity.
Ledger
A comprehensive collection of all accounts used by an organization, showing the changes made to each account due to transactions, and the current balance.
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