The general ledger is a vast historical data archive of your company’s financial activities, including revenue, expenses, adjustments, account balances, and often much more. The detailed transactions ...

Discover how double-entry bookkeeping maintains financial balance through debits and credits in a general ledger. Understand ...

The university's decisions and business processes are dependent upon the flow of financial information. This flow of financial information is driven by the accounting and reporting system. At the ...

General ledger records each transaction both as a debit and a credit, ensuring balance. Understanding the general ledger aids in interpreting financial statements like balance sheets. Investors can ...