Nolan Accounting Center

JUNE 15, 2025

For each transaction, there must be at least one debit and one credit equaling each other recorded on the company’s general ledger accounts. Generally, a business will assign transactions to one of five main account types: Asset accounts contain the resources that a company relies on to generate revenue.

Small Business Accounting 59

Small Business Accounting General Ledger Accounting Accounting 59

Nolan Accounting Center

JUNE 15, 2025

For each transaction, there must be at least one debit and one credit equaling each other recorded on the company’s general ledger accounts. Generally, a business will assign transactions to one of five main account types: Asset accounts contain the resources that a company relies on to generate revenue.

General Ledger 52

General Ledger Small Business Accounting Accounting Accounting 52

Accounting Tools

NOVEMBER 1, 2023

Areas of Accounting Specialization There are many sub-fields within accounting in which a person can specialize. For example, there are tax accountants , cost accountants , payroll clerks , billing clerks , general ledger accountants , and collection clerks.

General Ledger 75

General Ledger Accounting Accounting Financial Statements 75

Accounting Tools

JULY 27, 2023

Related Courses Credit and Collection Guidebook Bookkeeping Guidebook Budgeting CFO Guidebook Cost Accounting Fundamentals New Controller Guidebook Payables Management Payroll Management Project Accounting Someone wanting to enter the accounting field can choose to train for a number of possible positions.

General Ledger 40

General Ledger Accounting Accounting Financial Statements 40

Accounting Tools

SEPTEMBER 7, 2023

Related Courses Accounting for Inventory Cost Accounting Fundamentals How to Audit Inventory How to Create a Cost of Goods Sold Journal Entry The cost goods sold is the cost assigned to those goods or services that correspond to sales made to customers.

General Ledger 40

General Ledger Billing Cost Accounting Invoicing 40

Accounting Tools

OCTOBER 23, 2023

Related Courses How to Conduct an Audit Engagement New Controller Guidebook The Difference Between the CPA and CMA Certifications There are a number of certifications available to the accountant, of which the best-known are the CPA ( certified public accountant ) and CMA ( certified management accountant ).

CPA 40

CPA General Ledger Budgeting Auditing 40