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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.
A general ledger shows complete financial transactions over the life of a company. The trial balance just shows debits and credits of the business.
Trial Balance
General ledger is just another name given to nominal ledger. Nominal ledger is a ledger that maintains impersonal accounts like sale , purchase, capital etc.
A nominal 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..
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.
A general ledger shows complete financial transactions over the life of a company. The trial balance just shows debits and credits of the business.
suspence account are temporary holdling account for financial information on general ledger
Another name for the General Ledger is Nominal Ledger.
Trial Balance
general ledger
what is the purpose of the ledger?
The is the correct spelling of ledger, typically a financial record or journal.
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.
General ledger is just another name given to nominal ledger. Nominal ledger is a ledger that maintains impersonal accounts like sale , purchase, capital etc.
A nominal ledger