Cross-referencing
Cross-referencing is adding to the PR column of the journal the account number of the ledger account that was upgraded from the general journal.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Cross-referencing. Adding to the PR column of the journal the account number of the ledger account that was upgraded from the general journal.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
