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general ledger meaning

Business and Personal Finance: Meet the General Ledger

December 8, 2022October 11, 2022 by Erica Sporer

Keeping Track of Transactions – Meet the General Ledger The general ledger is like a file cabinet for all your accounts. Each account gets its own page, and every entry that affects that account is recorded there. In that way, the general ledger acts as a summary of your journals, which are books where all … Read more

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