A company's accounting records. This formal ledger contains 
all the financial accounts and statements of a business

ledgers are two types one is general ledger and the other 
is personal ledger. general ledger consists of accounts 
relating to expenses , incomes , liabilities and assets.
general ledger is the base for preperation of trail balance

General Ledger severs as the central respository & ultimate 
destination of all corporate finacial information.

Def: Function of GL is to collect finacial information into 
a chart of acconts (i.e a/c's defined by company for 
recording transactions that takes place).

Using GL Management & Financial reports are perpared to 
view the financial status of the company at any point of 
time.

The general ledger, sometimes known as the nominal ledger, 
is the main accounting record of a business which uses 
double-entry bookkeeping. It will usually include accounts 
for such items as current assets, fixed assets, 
liabilities, revenue and expense items, gains and losses.

The general ledger is a summary of all of the transactions 
that occur in the company. It is built up by posting 
transactions recorded in the general journal.

General Ledger, It is a basic accounts books to prepare a 
company finacial satements.

generalledger is a financial information  into a chart of 
accounts.

general ledger is afinancial accounts expences.

General Ledger consists all ledgers accounts which is 
useful for preparation of Trial balance.

classification of the transaction into appropiate accounts 
relating to the business operation

three types of general ledger  1.sundry debtors 2.sundry 
creditors 3. all ledger like: cash, bank, assets

General ledger is the book in which we open  a specified 
accounts which are heavily in the business.example the 
specified accunts are 
suppier accounts
customers accunts
incomes accruals 
expense accruals

In TALLY, a Ledger means, is an electronic page to 
summarize about one person's or creditor's or debtor's or 
one thing regularly purchased item or name specified for a 
group of expense like tea & snacks, postage & couriers 
etc., will be accounted on the name given to the ledger at 
the time of creation. using one ledger we can enter all 
types of journal entries.

general ledger is a second entry book. when all the cash 
expense and cash receipts in the first entry book that is 
cash book it is difficult to gather all information from 
the cash, therefore it posted to ledger book where all the 
heads of accounts are prepared separatly with the help of 
general ledger book it becomes very easy to prepare trial 
balance at the end of every accounting year.

After preparing Jouranal Entries of the transaction than we 
prepare General Ledger for each and every account. By 
preparing GL we can easily know what is the difference 
between the accounts and by this TRIAL BALANCE can be 
easily prepared.

General Ledger consists of all accounts other than 
creditors account and debitors account.Accounts of owners 
expenses, income, capital, drawings will be found in this 
book. It may also called "Impersonal Ledger".

General ledger is the end balances of books of accounts
by
mohammedghousemohiuddin

General ledger is an accounting book that show the 
finacial  record of a company and transaction flows of an 
aganisation.these include assest liabilities owner's 
equity  revenue and expenses.