What is General ledger account?
Submitted by: MuhammadThe General ledger account is an account where the company records all the information for its various expenses and income types into separate accounts. Such that all the debits and credits pertaining to that particular type of transaction can be entered in one place and kept balanced.
Submitted by: Muhammad
Submitted by: Muhammad
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Top Accounting Manager Questions
| ☺ | Tell us have you ever prepared MIS reports and what are these? |
| ☺ | Tell us how much statistics knowledge is necessary or required in accounting? |
| ☺ | Tell me what is fair value accounting? |
| ☺ | Tell us what are the rules for debit and credit for different accounts to increase the amount in your business accounts? |
| ☺ | What are things will not be included in bank reconciliation statement? |
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