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3:48
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The Finance Storyteller
What is a general ledger
What is a general ledger? The general ledger is the backbone of any accounting system which holds financial data for an organization. Until the 1970s and 1980s, recording entries manually in big ledger books, was the way to go! You would have separate subledger books, such as payroll, cash, inventory, receivables, and many others depending on ...
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