Accounting MascotAccounting Q&A

What entries go on a Ledger?
submitted by Laura

Tom's Riddle

I mean, it depends on which ledger you're talking about, but ledger entries typically include debits and credits for each account affected by a transaction. Every entry records the date, description, and the amount.

smeegol

You'd put in the date, which account you're affecting, whether it's a debit or credit, the amount, and a little note about what it was for.

The professor

On a ledger, you write down the money going in or out of each account. You'll need to note if it's a debit or credit, the date, and what it was for.

Maynard

Include:

the date of transaction
account name
debit or credit
amount of money that's moved
description of the transaction

Add your Answer.