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What is general ledger accounting?
Maintaining a general ledger helps you gauge a business's financial health and avoid accounting mistakes. Learn what a ...
The general ledger plays an important role in the accounting process. Most businesses use a two-entry financial accounting system where transactions are first recorded in a general journal and later ...
The general ledger is where a company keeps all of its accounts. Within the general ledger, separate accounts record debits, the reducing of funds, and credits, the addition of funds. When a sale is ...
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