General Ledger Software

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Description

Computer software used for recording transactions, maintaining journals and ledgers, and preparing financial statements. Also includes spreadsheet capabilities for showing the effects of proposed adjusting entries or transactions on the financial statements without actually recording these entries int he accounting records.

Concept Prerequisite

Wikipedia Reference

http://en.wikipedia.org/wiki/General ledger

Learning Material

Covered in Topic(s)

 
The Accounting Cycle: Reporting Financial Results