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What do mean by GL Reporting ?

Answer Posted / hari


GL Means in Accounts is "General Ledger"

Exp: Account 1010 – Cash-in-Bank
Date Source Debit Credit Balance
12/31 Balance Forward 3,523.21
01/05 General Journal pg 2 54.00 3,577.21
01/17 General Journal pg 4 100.00 3,477.21
01/31 Cash Receipts pg 1 8,025.34 11,502.55
01/31 Cash Disbursements pg 4 7,945.87 3,556.68

Is This Answer Correct ?    5 Yes 1 No



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