by Online Tutorial & Training Guide | Jan 31, 2026 | Other Key Terms, Terminologies
Supporting documents accountants prepare during audits or reporting. They include schedules, reconciliations, and analysis used to verify accounts. Provide evidence and reference for conclusions.
by Online Tutorial & Training Guide | Oct 27, 2025 | Other Key Terms, Terminologies
The master set of accounts that consolidates all financial transactions of a business. It contains both balance sheet and income statement accounts. The G/L is the backbone of financial reporting.