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Type: Posts; User: gppays

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  1. Answers
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    General Journal Posting

    If you have a general journal entry that is an infusion of capital of say 10,000 cash, I would debit cash and credit capital for the amount.

    However, when you post the entries, where do those...
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    13,268

    Yes I am

    Although it's a total pain right now...

    Sorry about the late response, unfortunately I have been hospitalized for a while and am just getting back on my feet
  3. Answers
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    13,268

    Basic Accounting Question

    I have been struggling with this question for some time, What is the difference between a general journal and a general ledger?

    Is the ledger comprised of the chart of accounts and their...
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