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What is a General Ledger? (Recording Nonprofit Transactions)

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Intro:

Video Vocabulary

/ˈprēvēəs/

adjective

existing or occurring before in time or order.

/rəˈkôrdiNG/

noun verb

action or process of recording sound or performance for subsequent reproduction or broadcast. To put music, sounds onto a device to store it.

/ˈbāsik(ə)lē/

adverb

Used before you explain something simply, clearly.

verb

To make or become larger in size or amount.

/əˈmount/

noun other verb

quantity. (Values) added up to a certain figure. To add up to a certain figure.

/bəˈkəm/

verb

To begin to be; grow to be; develop into.

/rəˈlāSH(ə)nˌSHip/

noun

Connection between two or more people or things.

/ikˈspens/

noun verb

Money you have to pay to do part of your job. offset against taxable income.

welcome - welcome

/ˈwelkəm/

adjective exclamation noun verb

Being what was wanted or needed. used to greet someone in polite or friendly way. instance or manner of greeting someone. greet someone arriving in polite or friendly way.

/ˌnänˈpräfit/

adjective noun

Not commercially motivated; charitable. non-profit organization.

/ˈdif(ə)rənt/

adjective

not same as another or each other.

verb

To reduce the size, amount or number of something.

/əˈkount/

noun other verb

report or description. Arrangements whereby you can use online services. consider or regard.

/rəˈsēv/

verb

To allow someone to become a member (of a club).

/əˈsen(t)SHəlē/

adverb

used to emphasize basic, fundamental, or intrinsic nature of person or thing.

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