General Ledger Sheet -

General Ledger Sheet

What is general ledger?

A general ledger is main account ledger of organization encloses all the accounting information, recording all the transactions relating to organization expenses, reviews, partners’ equity, assets and liabilities. This is main accounting ledger that used by managing central source to transferred from all sub-ledgers like purchasing accounting, cash flow accounting, cash management etc. Actually, it is maintained as “pillar ledger” of accounting system where maintained all the accounting i.e. financial / non-financial information for collecting & maintaining records & data of organization.

What is purpose of general ledger?

The general ledger contains all financial transactions made by organization in tenure maintained which can have used to analyze organization’s financial status and verify assets, incomes, expenses etc. The ledger holds accounting records that help to manage statements of various financial matter, and introduce the current situation of appropriate account head to easier for tracking, manage, prepare of any project, program.

In the accounting and finance, general ledger the widely used to recording information, transitions & print for the references. General ledger sheet is simple account wise information which is show the all the concern transitions, balance and reference records. Here as below given example for the general ledger sheet:

Ledger Number – Ledger number
Print date
Ledger generated from date to date
Account name
Date of transition
Description of general ledger sheet
Entry number
opening records – balance
Transaction – debit or credit in amount
Balance – Debit or credit in amount
General Ledger Sheet

EXAMPLES, SAMPLES & FORMATS

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