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What Is General Accounting Service?

Answer»

General accounting includes bookkeeping methods USED for recording of financial transactions of a business or a company. Companies use the DOUBLE entry BOOK keeping system for recording all financial transactions.
It includes maintaining and keeping a record of various accounting day books including:

  • Purchase book
  • Sales book
  • Cash book
  • General ledger
  • Supplier's ledger
  • Customer ledger

A book keeper writes up and maintains various "Daybooks" . He is responsible for making sure that correct transactions are recorded in the correct DAYBOOK. A trial balance is finally made with the help of these accounting books and ledgers.

General accounting includes bookkeeping methods used for recording of financial transactions of a business or a company. Companies use the double entry book keeping system for recording all financial transactions.
It includes maintaining and keeping a record of various accounting day books including:

A book keeper writes up and maintains various "Daybooks" . He is responsible for making sure that correct transactions are recorded in the correct daybook. A trial balance is finally made with the help of these accounting books and ledgers.



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