Month: November 2020
What is a Ledger in Accounting? Is There a Difference with a Journal and a Ledger?
Banks and other financial institutions are examples of business organizations that use self-balancing ledger accounts. In the standard format of a ledger account, the page is divided into two equal halves. The left-hand side is known as the debit side and the right-hand side is the credit side. The record of trading transactions is kept […]
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