asset ledger
1Asset Ledger — The part of a company s accounting records that detail the journal entries relating only to the asset side of the balance sheet. Asset ledgers will have many subaccounts, and the larger the company, the more numerous and complex the… …
2Asset — This article is about the business definition. For other uses, see Asset (disambiguation). Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · …
3Nonledger Asset — Something of value owned by an insurance company that is not recorded in that company’s formal accounting records. Nonledger assets are basically money that an insurance company expects to receive but hasn’t actually received yet.… …
4Debits and credits — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …
5Double-entry bookkeeping system — A double entry bookkeeping system is a set of rules for recording financial information in a financial accounting system in which every transaction or event changes at least two different nominal ledger accounts. The name derives from the fact… …
6Chart of accounts — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …
7accounting — I (New American Roget s College Thesaurus) Keeping of financial records Nouns 1. (act of accounting) accounting, accountance, accountancy, bookkeeping, audit, calculation (See numeration), commercial or business arithmetic; cost or managerial… …
8Unit Valuation System — The Unit Valuation System (UVS) was developed by Mutual Funds and Unit Trusts, as a means of determining fund performance in an environment where there are frequent cash contributions and withdrawals. The UVS is commonly used by Investment Clubs… …
9debit — I noun amount due, amount payable, arrears, bills, commitment, debt, deferred payment, expensum, indebtedness, liability, obligation, pecuniary due, sum owing, that which is owed associated concepts: debit agent, debit and credit system, debit… …
10account — a record of a business transaction. When you buy something on credit, the company you are dealing with sets up an account . This means it sets up a record of what you buy and what you pay. You will do the same thing with any customers to whom you …
