magicphil

What is a Standard General Ledger?

Explain briefly Standard General Ledger

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kaijiang

Since the ledger keeps record of transactions that affect one head of account, therefore, it should provide all the information that a user may need. Usually the ledger is required to provide following information: o Title of account o Ledger page number, called Ledger Folio / Account Code o Date of transaction o Voucher number o Narration / particulars of transaction o Amount of transaction. Source:http://in.docsity.com/en-docs/The_Flow_of_Transactions_Part_1-Financial_Accounting-Lecture_Handout_

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johnatan

Standard Standard Journal (SGL) record factors along with describes the particular objectives and insurance policies from the SGL. It's created to identify among financial as well as little-known data processing along with makes clear the actual is intergrated of pricing as well as little-known SGL accounts.

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