The contents of the ledger will be more specific than the journal. But even the ledger is still there which is comprehensive. This is called a C general ledger. Sub-ledgers, on the other hand, are more specific. Let's discuss more about this one ledger, starting from the definition, types, sources, steps for making, functions, and examples Hong Kong Phone Number List of transactions. Read: Ledger Is: Definition, How to Create Understanding Any company that keeps accounting records for transactions that occur must have a set of accounts or estimates. We are familiar with, for example, cash accounts, receivable accounts, and so on.
The book that contains a collection of accounts is called the general ledger. The general ledger provides users with information about the balances of the accounts within the company. Quoting Introduction to Accounting I (2019), because it is quite complex, the general ledger is divided into two, namely the general ledger and subsidiary ledger. While the general ledger will contain the general ledger accounting data, the subsidiary ledger contains the details of the general ledger. That's why it's common for this book to only be called a subsidiary book. For example like this. when a company is in debt, the general ledger will only state the amount, while the subsidiary ledger will provide information from who the creditor is, when owed, to the due date.