The general ledger is where a company keeps all of its accounts. Within the general ledger, separate accounts record debits, the reducing of funds, and credits, the addition of funds. When a sale is ...
Maintaining a general ledger helps you gauge a business's financial health and avoid accounting mistakes. Learn what a ...
Using the ledger-to-ledger transaction accounting method keeps track of your business activities. Each transaction is analyzed and recorded in the appropriate ledger. With the exception of the general ...