Year end procedure...

[Ken G.]

FireFly wrote:
>> From: Ken G. <beachkid at insightbb.com>
>> Well, I just closed out my Book for
>> the year of 2009.  I was somewhat surprised to see the
>> register are still hanging around from last year.  I
>> may have wrongly assumed they would disappeared.  Is
>> that normal?
>>     
>
> Ken, what do you mean by "the register"? Sorry, I'm not sure to what you are referring here, so can't provide any input.
>
> - James Duerr
Whew!  I'm sorry that I did not make myself clear.  I can't remember the proper name, either the general journal or general ledger.  As I think about it, it may be the general journal page.  A record of entries.  To me, it look like a checkbook register page.  

It is where you first opened an account and a page is created where you enter the date, description, opposing account (manually if needed), and the debit or credit amount.  The balance is automatally created after tabbing the entire line.

Ken

Gee, to think, I got an A plus for my senior year in bookkeeping in 1960-61.