What is Accounting Ledger?
Ledger account sorts transactions of journal and permanently records them for keeping proper balance of each accounts in a business.
5 Simple Steps to Write and Prepare Ledger Account
5 simple steps to write and prepare ledger account for posting business transactions from journal to ledger permanently under different accounts.
Subsidiary Ledger: Meaning, Types of Subsidiary Ledgers
A subsidiary ledger is an addition of general ledger used for recording each accounts receivables and accounts payable in detail separately. 2 types of subsidiary ledger accounts receivable and accounts payable.
18 Differences between Journal and Ledger
Main difference between journal and ledger is that; the business transactions are at first recorded in the journal and then these transactions are permanently posted in the ledger.