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Discuss what each ledger is used for and when it is used: 1. General Ledger 2. Payables ledger 3. Receivables ledger

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter3: The General Journal And The General Ledger

Section: Chapter Questions

Problem 4DQ: List by account classification the order of the accounts in the general ledger.

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Discuss what each ledger is used for and when it is used:

1. General Ledger

2. Payables ledger

3. Receivables ledger

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