General Ledger
General ledger is the master accounting record that contains all financial transactions of a business, organized by account. It includes every debit and credit, forming the basis for financial statements. The general ledger tracks assets, liabilities, equity, income, and expenses in one place.
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Gain on Sale of Asset
Gain on Sale of Asset refers to the profit realised when a fixed asset is sold for more than its…
Green Accounting
Green accounting, or environmental accounting, integrates environmental costs into financial reporting. It tracks expenses and benefits related to sustainable practices,…
Gratuity
Gratuity is a statutory payment made by employers to employees as a reward for long-term service. It is typically paid…
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