general ledger definition
That part of the accounting system which contains the balance sheet and income statement accounts used for recording transactions.
That part of the accounting system which contains the balance sheet and income statement accounts used for recording transactions.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.