The general ledger is a vast historical data archive of your company’s financial activities, including revenue, expenses, adjustments, account balances, and often much more. The detailed transactions ...
When it comes to tracking the finances of a business, a double-entry accounting system that uses both a general ledger and a general journal is usually the best method for tracking a company's overall ...
A general ledger is a record of all of a company's accounts and their associated transactions and balances. Revenue, expense and dividend accounts are temporary accounts because they hold a balance ...