General ledger

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can anyone clearly explain abt general ledger and what difference between ledger and general ledger

Replies (3)

dear devi,

 

general ledger is a holder of all ledgers balances whereas ledger is a holder of particular group of accounts like debtors ledger, creditors ledger.

hope u understood.

 

regards,

 

ram narayana agnihtoram

thanq...

Good answer.

Thanks


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