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Accounting Basics: What Do Debit and Credit Mean? 

Nolan Accounting Center

Accurate bookkeeping is essential for the success of every business enterprise. And central to accurate bookkeeping is the concept of double-entry accounting, where debit and credit entries are used to record all transactions. These include inventory, accounts receivable, and cash. What Do Debit and Credit Mean?

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General ledger clerk | General ledger accountant job description

Accounting Tools

Related Courses Accountants’ Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook The general ledger clerk position is accountable for creating journal entries and assembling supporting documentation, as well as for tracking the contents of accounts , creating portions of the financial statements , and writing related disclosures.

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Accounting Basics: What Do Debit and Credit Mean? 

Nolan Accounting Center

Accurate bookkeeping is essential for the success of every business enterprise. And central to accurate bookkeeping is the concept of double-entry accounting, where debit and credit entries are used to record all transactions. These include inventory, accounts receivable, and cash. What Do Debit and Credit Mean?

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What is accountancy?

Accounting Tools

The fixed asset accountant , general ledger clerk , and tax accountant are most likely to be involved in the use of journal entries. There may be a number of closing entries at the end of each reporting period that the general ledger clerk is tasked with entering into the accounting system.

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What is an accountant?

Accounting Tools

Related Courses Accountants' Guidebook Bookkeeping Guidebook New Controller Guidebook An accountant is a person who records business transactions on behalf of an organization, reports on company performance to management, and issues financial statements.

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Types of accountants

Accounting Tools

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.

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CPA vs CMA certification comparison

Accounting Tools

So for example, if you go online and look up the job descriptions for a bookkeeper , or a cost accountant , or a general ledger accountant – basically any staff job – you won’t find too many that say the person should have a certification.

CPA 40