General Ledger is a company’s main accounting records. A general ledger is usually a complete record associated with financial transactions above the life of a business. The ledger holds account information that is usually prepare financial phrases, and includes is the reason for assets, liabilities, owner’s collateral, revenues and charges. A general ledger is usually used by firms that employ double-entry bookkeeping procedure – where every financial transaction is posted twice, as both a debit along with a credit, and in which each account provides two columns.
More Post
Latest Post
-
Cathodic Protection – a technique for controlling corrosion
-
Electromagnetism – a discipline of physics
-
Astronomers Measure the Heaviest Black Hole Pair ever Discovered
-
Even Passive Smokers are Extensively Colonized by Microbes
-
Webb discovers Proof that a Neutron Star powers the Young Supernova Remnant
-
Flyback Transformer (FBT)