General Ledger Question:
Do you know what is a general ledger account?

Answer:
A general ledger account is an account or record used to sort and store balance sheet and income statement transactions.
Examples of general ledger accounts include:
The asset accounts such as Cash, Accounts Receivable, Inventory, Investments, Land and Equipment.
Examples of general ledger accounts include:
The asset accounts such as Cash, Accounts Receivable, Inventory, Investments, Land and Equipment.
Previous Question | Next Question |
Please tell me what is a general ledger? | Tell me about the difference between ledger and general ledger? |