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 |