A general ledger provides an accountant with the necessary information to create a financial statement. Thus, the ledger plays an essential role in informing the businessm… See more

A general ledger should be divided into different categories referred to as ‘accounts.’ This ensures that you have independent control over the accuracy of the ledger. … See more

A general journal is a document that holds the initial transaction records of a business. The general journal is, therefore, the original book of entry. First, the records are posted in r… See more

There is a particular manner in which the user of this template must go about the process of using it in order to attain proper results. To use the ledger template, you must under… See more