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If asset is increased it is Debited in Ledger and if liability increases it is credited. Accounts Receivables are treated as assets. Both Assets and Liabilities are shown in face of Statement of Financial Position.
Liability
Accrued expenses are entered as liabilities in the general ledger. Debit expense and credit accrued liability.
General ledger is just another name given to nominal ledger. Nominal ledger is a ledger that maintains impersonal accounts like sale , purchase, capital etc.
Journal- recording the transaction chronologically. Ledger _ recording the transactions in a classified and grouped . Trial balance - The balances of ledger sorted Dr. balance and Cr. Balance and grouped.
The recording process in accounting is the process of summerizing, classifying, and recording analysed transaction data in the journal in a systematic and chronological order and posted those to the ledger.
ledger
When in accounting the owners capital would be double ruled in the ledger as part of the closing process.So the correct answer will be Owners Capital
credit mortgage payable in the liability side of the balance sheet
Accounts payable is liability and fall under liability side of balance sheet.
Alphabetically within their own classification
Both the Journal and the Ledger are the two most important books used under the Double Entry System of "Book-Keeping". The relationship between the "Journal & Ledger" could be expressed as follows: Journal is the book of first or original entry - since all the Business Transactions are recorded first of all in the "Journal". While the "Ledger" is the book of second entry - since the transactions are "Posted" to the "Ledger" from the Journal. The Journal records tranasactions in "Chronological order", while the Ledger records the transactions in analytical order. The Journal is more reliable than Ledger since it is the book in which the entry is entered first. The process of recording transations is termed as "Journalising" while the process of recording transactions in the Ledger is called as "Posting". Ramesh Kutumbaka