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Difference Between a General Journal & General Ledger in Accounting
Category : Business
Accountants use different tools when recording and reporting a company's financial transactions. Two of the most common tools are the general journal and general ledger. Most -- if not all -- companies use these tools to organize financial information in an understandable manner. Though related, each item has a specific role in the accounting possible. General JournalThe general journal is a ch

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General Journal Vs. General Ledger
Category : Business
Accounting standards -- such as U.S. Securities and Exchange Commission edicts and generally accepted accounting principles -- require that a business set sound measures for record keeping and financial reporting. These measures cover everything from the way corporate bookkeepers post entries in general journals to how financial managers review general ledgers before reporting performance data.

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Comprehensive General Liability Insurance Vs. Commercial General Liability Insurance
Category : Business
"Comprehensive" coverage means covered unless excluded. "Commercial" coverage is for businesses. In 1985, after a flurry of environmental litigations, including asbestos claims; workplace harassment suits; and other liability claims cost the insurance industry billions, companies decided to limit their liability through a new policy form. The "comprehensive" form morphed into the "commercial" form

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How to Become a General
Category : Careers & Job Searching
Army, Air Force and Marine generals and Navy and Coast Guard admirals command thousands of personnel and billions of dollars worth of military equipment. Stars are not conferred lightly, for generals and admirals shoulder awesome responsibilities.Difficulty:ChallengingInstructions Things You'll Need
Internet Access
Computers
Career Counseling
College Guides
Academic Counselings
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What Is a SAP General Ledger?
Category : Business
A systems application and processes (SAP) general ledger is a software system that culls external and internal data from a variety of ancillary software modules: sales and shipping, payroll and human resources, purchasing, maintenance and repairs, quality control management, inventories, including raw materials, storeroom supplies and finished goods. SAPSAP software is designed for companies to

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Uses of the General Ledger
Category : Business
The general ledger is an important accounting tool for any business. Typically set up in a two column format with a listing of accounts and the debits and credits to those accounts, it is used inside and outside of the firm to obtain a partial picture of a company's financial condition. Revenue StreamThe general ledger tracks account payments and receipts. In summary of the general journal's ch

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How to Become a General Doctor
Category : Careers & Job Searching
Becoming a general doctor can bring a lucrative salary as well as the opportunity to benefit others by helping them enjoy better health. General practitioners usually see all the members of one family and hear first from their patients if any new illnesses or unusual symptoms occur in their lives.
GPs treat a variety of health problems themselves; however, if an ailment proves too complex fo

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What Is General Debility?
Category : Health
General debility is a broad term referring to a loss of strength in the body. Symptoms and causes vary widely. In some cases, the disease is highly degenerative. In others, simple treatments can get you back to normal. SymptomsSymptoms of general debility are pain, fatigue, muscle atrophy, weight loss, attention loss, memory deficiency, learning problems. Weakness may spread over the whole body

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How to Set Up a General Ledger
Category : Business
The General Ledger is the backbone of the accounting system. It must always be balanced with the credits offsetting the debits and vice versa, according to Accounting Financial and Tax Online. You will begin with a chart. This chart is the Chart of Accounts. Every account in the Chart of Accounts will be moved into the General Ledger and be given an individual page. Each page will have columns and

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TAGS : General Ledger

General IRA Information
Category : Personal Finance
An IRA, or individual retirement account, is one way you can save for retirement. However, an IRA has a variety of restrictions and conditions, so be sure to understand what they are before you open the account. If you do not understand how the IRA works, you could become subject to unnecessary taxes and penalties that would defeat the entire purpose of a retirement account. FunctionAn IRA is a

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