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
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| 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 |