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Q: How do you maintain the integrity of general ledger and the financial system?
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What do i do in general ledger?

General ledger is the book of final entry of all business transactions of a company. Primarily, any end balance from the said ledger of all accounts used by a particular business enterprise is the...The all important books in the financial transaction is known as ledger.A general ledger is a summary of all transactions that occur in a company (this is not entirely accurate, the general ledger shows you the balances and debits and credits to each specific account but..


Definition of general ledger?

A general ledger is a complete financial record of all transactions completed within a business. This covers the life of the company and essentially never ends.


What is the difference between a general ledger and a trial Balance?

A general ledger shows complete financial transactions over the life of a company. The trial balance just shows debits and credits of the business.


Suspense Account format?

suspence account are temporary holdling account for financial information on general ledger


What is another name for General Ledger?

Another name for the General Ledger is Nominal Ledger.


A columnar accounting form used to summarize the general ledger information needed to prepare financial statements?

Trial Balance


The principal ledger that contains all the balance sheet and income statement accounts is the general ledger?

general ledger


What is the purpose of the general ledger?

what is the purpose of the ledger?


How do you spell ledger?

The is the correct spelling of ledger, typically a financial record or journal.


Do you put office equipment and office furniture under one category on a general ledger?

In general, office furniture and equipment are categorized under one general ledger category. It is highly recommended that you contact your accoutant or financial advisor to determine if this is the best way for your specific business or organization.


What is difference between Nominal Ledger general ledger?

General ledger is just another name given to nominal ledger. Nominal ledger is a ledger that maintains impersonal accounts like sale , purchase, capital etc.


What is a general ledger also known as?

A nominal ledger