answersLogoWhite

0

The four divisions of the ledger are the general ledger, which contains all the accounts for recording transactions; the Accounts Payable ledger, which tracks amounts owed to suppliers; the accounts receivable ledger, which monitors amounts owed by customers; and the cash ledger, which records all cash transactions. Together, these divisions help in organizing financial data and ensuring accurate financial reporting.

User Avatar

AnswerBot

1w ago

What else can I help you with?

Related Questions

What are the five general ledger divisions for a chart of accounts in accounting?

Five general ledger divisions would be assets, liabilities, equity, revenues, and expenses.


Four main ledgers for bookkeeping in business?

The General Ledger The Account receivable Ledger The Accounts payable Ledger


What are the two divisions of philosophies?

There are actually four major divisions of philosophy; they are Epistemology, Metaphysics, Logic and Ethics. But these four divisions are under Dualism and Non Dualism.


Four divisions of economics?

The four divisions of economics are: 1.production 2.distribution 3.consumption 4.exchange


How many divisions are in the Bible?

Old Testament falls naturally into four divisions: Law, History, Poetry, and Prophecy. New Testament falls naturally into four divisions: Gospels, History, Letters, and Prophecy. Total divisions eight.


What are four division of body?

For the purposes of anatomy the body is divided into four divisions. These divisions are known as the head, the torso and the upper and lower limbs.


What would be the minimum number of general ledger accounts that a company needs?

Four


What do the stars on the AFC logo represent?

The four divisions


What are the four NFL divisions?

East West North South


Short notes on the four communication skill?

Short notes on four divisions of communication skills


How many divisions are there in the New Testament?

Most consider ther to be four divisions: 1 - the Gospels and Acts 2 - the Pauline Epistles 3 - the General Epistles 4 - Revelation (Prophecy)


What are two of the four accounts in the general ledger which need to be updated with adjusting entries?

cash and rent expense