he general ledger is a collection of the firm's accounts. While the general journal is organized as a chronological record of transactions, the ledger is organized by account. In casual use the...
chart where you have all the codes for expenses
chart where you have all the codes for expenses
chart where you have all the codes for expenses
chart where you have all the codes for...
The five types of accounts are:
Assets - for example debtors or stock Liabiltiies - for example creditors or loans Income - for example sales Expenditure - for example salaries Memo accounts- these...
There is no "ledger" that summarizes your ledger. The General Ledger used by companies is a list of all accounts the company has, assets, liabilities, owners equity. A summary of these accounts is...