A general ledger is an accounting record book in which you maintain a record of transactions for each of your company's accounts. The source of information for each transaction is typically your ...

Successful businesses must stay on top of their accounting. Learn how to use payroll journal entries to track wages and other ...

The payroll liabilities account in your general ledger is a holding place for payments due in the near future but not yet issued. One example of these expenses is your payroll taxes. If you file ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Dr. JeFreda R. Brown is a financial ...