General Ledger Accounting

Mainly our GL (General Ledger) accounting team works on the more common balance sheet accounts

  1. Asset accounts such as Cash, Accounts Receivable, Inventory, Investments, Land, and Equipment

  2. Liability accounts including Notes-Payable, Accounts Payable, Accrued Expenses Payable, and Customer Deposits

 

  1. Stockholders' equity accounts such as Common Stock, Retained Earnings, Treasury Stock, and Accumulated Other Comprehensive Income

 

Some of the general ledger income statement accounts

  1. Operating revenue accounts such as Sales and Service Fee Revenues

 

  1. Operating expense accounts including Salaries Expense, Rent Expense, and Advertising Expense

 

  1. Nonoperating or other income accounts such as Gain on Sale of Assets, Interest Expense, and Loss on Disposal of Assets

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