The posted debit and credit amounts are equal ... Thus, the equation remains in balance. In accounting, a general ledger is used to record a company’s ongoing transactions.

In double-entry bookkeeping, debits are made on the left side of the ledger ... the accounting transaction. A business might issue a debit note in response to a received credit note.

In the general ledger, all accounting activities are summarized ... worksheet that compiles the balances of ledgers into debit and credit account columns. With the data laid out this way, it ...

To separately account for the receipt and use of a grant sponsor's award. For accounting activity managed in the Oracle General Ledger, the Balancing segment of a GL income statement account string ...