What are the 3 commons ledgers in accounting
- general ledger: organizes all financial transactions
- payables ledger: financial record that tracks all amount businesses owes to suppliers
-receivable ledger: financial records that tracks all amount customers owe to business
1/2
| Term | Definition |
|---|---|
What are the 3 commons ledgers in accounting | - general ledger: organizes all financial transactions
- payables ledger: financial record that tracks all amount businesses owes to suppliers
-receivable ledger: financial records that tracks all amount customers owe to business |