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The principal ledger that contains all the balance sheet and income statement accounts is the general ledger?
general ledger
What is the primary ledger containing all the balance sheet and income statement accounts is the?
General Ledger
Balance sheet is?
A balance sheet is a ledger that records the checks and balances of all transactions.
Does an accounts payable ledger contain all of the balance sheet and income statements accounts?
No, the accounts payable ledger only contains information related to supplier accounts. The balance sheet and income statement accounts are contained in the general ledger.
The accounts payable ledger contains all of the balance sheet and income statement accounts.?
No, the AP ledger contains the listing of all the counterparties (e.g. vendors) the company owes money to. The AP ledger is what feeds AP on the balance sheet.
What does a balance sheet proves?
the debits and credits equal in general ledger
Where is Middle C located on sheet music?
Middle C is located on sheet music on the first ledger line below the treble clef staff or the first ledger line above the bass clef staff.
Is a balance sheet the same as a general ledger?
No, a balance sheet is not the same as a general ledger. A balance sheet is a financial statement that summarizes a company's assets, liabilities, and equity at a specific point in time, providing a snapshot of its financial position. In contrast, a general ledger is a comprehensive record of all financial transactions over a period, detailing the individual accounts that contribute to the overall financial statements, including the balance sheet.
Does the balance sheet proves that the debits and credit equal in the general ledger?
yes
Which statements are prepared from the general ledger with no changes to the account balance?
balance sheet
What is the correct placement of the middle C note on sheet music?
The middle C note is typically placed on the first ledger line below the treble staff or the first ledger line above the bass staff on sheet music.
Which one of the steps below is not aided by the preparation of the work sheet?
posting to the general ledger
