The general ledger is also known as the main or nominal ledger, because it holds both sides of double-entry transactions. In contrast, the purchase and sales ledgers are called subsidiary ledgers ...
The general ledger is a vast historical data archive of your company’s financial activities, including revenue, expenses, adjustments, account balances, and often much more. The detailed transactions ...
The general ledger is the heart of a business's accounting records. The general ledger contains records for each account in the company's chart of accounts, and the general ledger accounts are usually ...