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.
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