1.

Can You Please Explain The Difference Between General Ledger And Final Accounts?

Answer»

General ledger INCLUDES all ledgers after adjusting the BALANCE where as final accounts is arranging ledger balance to GET profit and LOSS as well as to know the FINACIAL position.

General ledger includes all ledgers after adjusting the balance where as final accounts is arranging ledger balance to get profit and loss as well as to know the finacial position.



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