How Journal Entries Are Posted to the General Ledger
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How Journal Entries Are Posted to the General Ledger
Every transaction recorded by a business needs to find its way into the General Ledger. But how does that actually happen? In this video, I walk through a simple example using a fictional gym in Pewter City. You'll see how a business transaction is first recorded as a Journal Entry, how debits and credits affect different accounts, and how ...
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900 snakes escaped from a snake farm in Hengzhou, China after heavy rainfall and floods caused the farm to collapse. Local media reports indicated that the floods were a result of the annual flooding season exacerbated by Typhoon Maysak. According to Chinese outlet, The Paper, some stranded villagers were bitten by escaped snakes but could not seek treatment immediately as roads were cut off. The South China Morning Post (SCMP) reported that most of the escaped snakes were non-venomous, though s
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