Sub-Division of Ledger, Ledger Format, Ledger Posting & Balancing Ledger Accounts
Sub-Division of Ledger When the size of organisation is very large and number of accounts is abundant, it is necessary to maintain a separate ledger for different accounts. Generally, the following three kinds of ledger are maintained by organisations: Debtors Ledger Creditors Ledger General Ledger Debtor’s Ledger: Debtors are the clients of the business to […]
