Question

What is General Ledger Accounting ?

a) It refers to all financial transactions of an organization which includes assets, liabilities, revenue and expenses

b) It refers to the financial transactions of an organization which includes only revenue and expenses

c) It refers to financial transactions of an organization which includes assets and liabilities

Answer 1

a) General Ledger Accounting refers to all financial transactions of an organization which includes assets, liabilities, revenue and expenses