Become an Accountant : Posting to the General Ledger

[AIMANALI]

what is the difference between AP and Cash (you said that AP has cash payments also ..so is that not Cash ?

[greenbeaverfilms]

Thank you for all the info, but I must tell the lady in this video that in 1987 there was a product released in the market called "Powerpoint". She should really look into it. The realm of business presentations hasn't been the same since then. Does that computer she has in the background not work? Does she still use rotary phones? Does she still pay with checks at the supermarket, and why is it that only women do that?

[95jamesg]

why does the stupid sub titles stay on the screen, i cant see what shes doing

[AllAngel5]

@95jamesg Probably doesn't matter to you anymore, but, just so you know, to get rid of the subs, you press the CC button.

Thanks for the video :)

[MetalBassjunkie420]

expertvillage sucks

[jerste]

bit short but nice, thanks.

[cityblueboy1]

Why should a wealthy business man hire an accountant to keep track of his money? The accountant might steal!

[chickenfarmer51]

Because the wealthy man wouldn't be wealthy without his accountant

[candymountain619]

thanks for using lamans terms

[Aref2005]

Thanks for your lesson

[hurricane223]

so, what happens to revenue and expenses.. how you will post those... ?

[BigCarpFoxRiver]

You only post transactions in the ledger. A transaction is any event that will change your liabilities, assets, or OE account. Revenues and Expenses are not transactions, therefore you dont need to post them.

[JustinHscooters]

@hurricane223 in a real general ledger, the expenses and revenues have their own account in the general ledger.