All financial entries are made using ____________ or account heads.
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Ledgers and Ledger Accounts
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All financial entries are made using ledger or account heads.
- An accounting ledger is an account or report used to keep bookkeeping entries for stability-sheet and income-assertion transactions.
- Balance sheet ledgers consist of asset ledgers which includes coins or deb-ts receivable.
- Income assertion ledgers consist of ledgers which includes sales and expenses.
- A ledger is a e book or series of deb-ts wherein account transactions are recorded.
- Each account has a gap or carry-ahead stability and could report transactions as both a debit or credit score in separate columns and the finishing or final stability.
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