Asset Ledger Definition

Asset Ledger Definition

What Is An Asset Ledger? The asset ledger is the portion of a company’s accounting records that details the journal entries relating only to the asset section of the balance sheet. Asset ledgers will have many sub-accounts. The larger the company, the more numerous and complex the asset ledgers will be. Key Takeaways The asset

Asset-Prison accountability Committee (ALCO): Definition, Place, Example

Asset-Prison accountability Committee (ALCO): Definition, Place, Example

What Is an Asset-Liability Committee? An asset-liability committee (ALCO), also known as surplus management, is a supervisory group that coordinates the management of assets and liabilities with a goal of earning adequate returns. By managing a company’s assets and liabilities, executives are able to influence net earnings, which may translate into increased stock prices. Key