Makakuha ng detalyadong mga sagot sa lahat ng iyong tanong sa IDNStudy.com. Hanapin ang impormasyon na kailangan mo nang mabilis at madali sa pamamagitan ng aming komprehensibo at eksaktong platform ng tanong at sagot.

is a record of general ledger accounts with open balance

Sagot :

You should enter balances for each Account as they stood at the end of the previous fiscal year. Use the Transaction register for this task. This information should be available in the Trial Balance report obtained from your old system. 
You can enter a single opening balance figure for each Account, or you can divide the opening balance figure into individual postings. This decision may depend on the Account itself.
If appropriate, enter the Transactions for the current year to date, again using the Transaction register.