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How do I learn journal entries in accounts easily?
That was helpful, thank you. Can you explain what a general ledger is?
Of course. A general ledger is a complete record of a company's financial transactions, which are organized into accounts. It includes all transactions involving the company's assets, liabilities, equity, revenues, and expenses. The general ledger is used to create financial statements such as balance sheets, income statements, and cash flow statements. Do you have any more questions on this topic?