What is the Difference Between Bookkeeping and Accounting
Billah and Associates
MAY 23, 2018
The general ledger forms the basic bedrock of any financial statement. It helps record any transaction, expenses or sale that has been made by the company and allows the accountant or the bookkeeper (depending upon the size of the company and other factors) to prepare the individual ledgers later on when preparing the final statements.
Let's personalize your content