Explain the purpose of the general ledger. Why is it necessary if all transactions have already been

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Explain the purpose of the general ledger. Why is it necessary if all transactions have already been recorded in the general journal?

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Understanding Financial Accounting

ISBN: 9781119406921

2nd Canadian Edition

Authors: Christopher D. Burnley

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Question Posted: Jul 19, 2019 06:27 AM

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Explain the purpose of the general ledger. Why is it necessary if all transactions have already been

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The general ledger contains the details of all transactions for each account It also h...View the full answer

Understanding Financial Accounting

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