what is the meaning of gl track?
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general ledger
A general ledger (GL) is a set of numbered accounts a business uses to keep track of its financial transactions and to prepare financial reports. Each account is a unique record summarizing each type of asset, liability, equity, revenue and expense. ... General ledgers are typically used and accessed by accountants.
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A general ledger (GL) is a set of numbered accounts a business uses to keep track of its financial transactions and to prepare financial reports. Each account is a unique record summarizing each type of asset, liability, equity, revenue and expense.
Explanation:
A GL is a set of numbered accounts a business uses to keep track of its financial transactions.
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