how exactly would I explaim a ledger to someone else
2007-12-31 08:10:11 · 4 answers · asked by black 1 in Business & Finance ➔ Other - Business & Finance
These sites complete with illustrations should help your friend understand better.
2007-12-31 22:23:37 · answer #1 · answered by Sandy 7 · 0⤊ 0⤋
A book for recording transactions for the company. Basically it is a book of rows and columns, just like a large spreadsheet which is used to enter the amounts for the transactions from one account to another (double entry accounting) so books balance.
2007-12-31 08:21:12 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Isn't that the thing on the side of a cliff? Seriously, i think it's a book that records transactions.
2007-12-31 08:14:12 · answer #3 · answered by Krazy 6 · 0⤊ 0⤋
a ledger is where you post all daily transactions that occur in your business
2007-12-31 08:13:31 · answer #4 · answered by dino 4 · 0⤊ 0⤋