An assets register, commonly referred to as a fixed-assets register, is a detailed ledger used by organizations to track and manage their fixed assets, including the acquisition, depreciation, and disposal of these assets.
The Sales Journal, also known as the Sales Day Book, is a specialized accounting ledger used to record credit sales transactions. It helps businesses maintain accurate and organized financial records, facilitating the tracking and analysis of accounts receivable.
A visual representation used in accounting to depict individual ledger accounts, reflecting debits and credits in a format resembling the letter 'T'.
