RE: what is the difference between ledger and general ...
Generel Ledger means Those ledgers are using commonly in all types of business organizations. eg: purchases sales printing&stationary etc...Ledger means which ledger is created for the business organization requirement
RE: what is the difference between ledger and general ...
A Ledger contains the balances of the accounts in individual capacity whereas the General Ledger contains the consolidated balance of all these accounts.
RE: what is the difference between ledger and general ...
A Ledger contains the balances of the accounts in individual capacity whereas the General Ledger is a central repositary it contains the consolidated balance of all the accounts which come from AR AP.....
RE: what is the difference between ledger and general ...
The General Ledger Contains all transaction records including Product Details Rate Qty Cheq No Bank Name Debit Amount Credit and Balances where as Ledger Contains Simple transactions which is included debit credit and Balances..... By devendra Nath
RE: what is the difference between ledger and general ...
A Ledger is main and principle form of account.Whereas the General Ledger has all the accounts other than debtors and creditors.It includes properties account incomes & expences capital and drawings.
RE: what is the difference between ledger and general ...
Ledger -Which contains all the Vendor accounts & all the Expenses accounts as well. Whereas in General Ledger - We have only the Expenses account alone.
RE: what is the difference between ledger and general ...
GL includes all the reconciliation accounts including Customer & Vendor master account in the form of Sundry Debtors or Sundry Creditors. Whereas Ledger means any ledger account like any vendor ledger account customer ledger account and for this reason these are called as sub ledger as well.
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