A general ledger is similar to the box scorecard of a sporting event that contains all of the detail to support the final score of the game. Your transactions related to revenues, expenses, asset purchases, liabilities, and equity (all found in the general ledger) support the final score at any given time of your operating performance.

Taylor AlvaJuly 6, 2018General ledger, what is a general ledger, free information, cooper cpa group, CPA, houston cpa

What Does Your General Ledger Mean?

Why do you need an accountant? What value is there in worrying about the detail that supports your financial statements?

Taylor AlvaJune 25, 2018General ledger, cooper cpa group, houston cpa, financial information, what is a general ledger

some thoughts from the firm