What Is a Ledger of Accounting?
Ledger is a book used to register the increase and decrease of various economic businesses and their balances. It is generally set according to the name of the account. The ledger set according to the first-level account is called General Ledger, which provides a summary of various economic services; the ledger set according to the second-level or detailed account is called Subsidiary Ledger, which provides various economic services Details. [1]
Ledger
Right!
- Chinese name
- Ledger
- Foreign name
- ledger
- Meaning
- Books registered by general ledger account
- Method
- Register separately for each account
- Ledger is a book used to register the increase and decrease of various economic businesses and their balances. It is generally set according to the name of the account. The ledger set according to the first-level account is called General Ledger, which provides a summary of various economic services; the ledger set according to the second-level or detailed account is called Subsidiary Ledger, which provides various economic services Details. [1]
- The ledger is a book of economic business registered for each account based on accounting vouchers or journals.
- According to accounting vouchers or journals, the books of economic business are registered for each account. The books registered according to the general ledger account are called "General Ledger Ledgers"; the books registered according to the detailed ledger account are called "Detailed Ledgers".
- ledger