The post reference, or PR, column is one of the chief ways to ensure that your books remain accurate and complete. In accounting, to "post" a transaction means to record it in the journal and/or ...

She will then put a positive $750,000 entry into the “Cash” account column of the spreadsheet, and a negative $750,000 entry into the “Owner’s Equity” account column of the spreadsheet.

Whether you're a small-business owner doing your own books or you have an accountant crunching the numbers, one of the most important tasks is footing: to add the numbers in a single column and ...

A general ledger is a book or file that bookkeepers use to record all relevant accounts. The general ledger tracks five prominent accounting items: assets, liabilities, owner’s capital, revenues ...