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Question: What is the difference between ledger and general ledger

Answer: Generel Ledger means, Those ledgers are using commonly in all types of business organizations. eg: purchases, sales, printing&stationary, etc...Ledger means, which ledger is created for the business organization requirement



Category General Ledger Interview Questions & Answers - Exam Mode / Learning Mode
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Question: What is the difference between ledger and general ledger


Answer:

Generel Ledger means, Those ledgers are using commonly in all types of business organizations. eg: purchases, sales, printing&stationary, etc...Ledger means, which ledger is created for the business organization requirement Source: CoolInterview.com


The GL is the principal accounting book housing all functional heads of accounts, the ledger may refer the GL as well as other subsidiary books. Source: CoolInterview.com

Answered by: Eric Chamone | Date: 4/16/2009 | Contact Eric Chamone Contact Eric Chamone

Ledger means Single Ledger Account, purchase, Sales what it may be. But General Ledger means set of all leger accounts. Source: CoolInterview.com

Answered by: MANOJ HEGDE | Date: 5/8/2009 | Contact MANOJ HEGDE Contact MANOJ HEGDE

Generel Ledger means, Those ledgers are using commonly in all types of business organizations. eg: purchases, sales, printing&stationary, etc...Ledger means, which ledger is created for the business organization requirement Source: CoolInterview.com

Answered by: Tej pal Singh | Date: 7/19/2009 | Contact Tej pal Singh Contact Tej pal Singh

general ledger means the ledger in which all accounts information is recorded on day to day basis. it is single i.e. only one legder maintened in organisation and apart from that ledger all other ledgers are called ledger such as purchase ledger, supplier ledger, debtors ledger,creditors ledger etc. Source: CoolInterview.com

Answered by: MIR BARKATH ALI KHAN | Date: 11/4/2009 | Contact MIR BARKATH ALI KHAN Contact MIR BARKATH ALI KHAN

ledger:is all including information for all type ledger.it's under create all ledger when related income and expense etc:creditor,debtors,cash,machinery,purchase&sales ledger.
general ledger:in included only all jornal entry or transaction.under all information is include etc:date,particular,debit&credit. Source: CoolInterview.com

Answered by: naveen singh | Date: 1/9/2010 | Contact naveen singh Contact naveen singh

Ledger: Any listing of an account is a ledger
General ledger: Entries that does not form part of any subledger, but essential in closing of the books will find place in General ledger.its is used for Opening entries;closing entries, Reclass entries, transfer entires, and other Adjusting entries Source: CoolInterview.com

Answered by: Sabarinath | Date: 7/16/2010 | Contact Sabarinath Contact Sabarinath


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