Question

Different type of general ledger entries from the point of the view of the design of data system

Answer 1

A general ledger contains all the accounts for recording transactions relating to a ... Major types[show] ... The general ledger is the backbone of any accounting system which holds

Answer 2

A general ledger accounting system numbers transactions according to the balance sheet and income statement categories. The assets, liabilities and stockholders' equity transaction categories are taken from the balance sheet. ... Each transaction category is assigned a number.