Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Investopedia / Eliana Rodgers The general account is where an insurer deposits premiums from ...

The first five segments are known as the "Account String." Therefore, an Accounting Key is comprised of an Account String plus an Object Code. The first five segments of the accounting key are also ...

The general ledger plays an important role in the accounting process. Most businesses use a two-entry financial accounting system where transactions are first recorded in a general journal and later ...

A small business must record all transactions related to customer sales and payments on the company's general ledger and accounts receivable ledger. Journal entries are used to record these ...

U.S. insurance companies had $36.9 billion in exchange-traded funds in general accounts as of Dec. 31, an 18.4% increase from the year before, according to a report from S&P Dow Jones Indices. Though ...

In a low-interest-rate environment, money managers say they are seeing strong interest and hires by insurance companies looking for ways to increase returns in their general accounts through ...

General investment accounts allow investors to buy and sell shares, funds and other investments directly, rather than indirectly through a financial adviser. Investors looking for a general investment ...

Purpose: To introduce the Account ChartField, explain the different levels and categories of accounts, discuss the debit and credit convention associated with accounts, and outline a method for ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Investopedia / Eliana Rodgers In insurance, the general account refers to the fund where ...