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There are specific sets of rules used to decide whether an account gets credited or debited.
Up Next in Term 4
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Format of General ledger and sections
We start looking at T accounts and move on to know the format of the general ledger.
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Opening accounts in the general ledge...
We look at posting from journals to the general ledger.
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Balancing the general ledger and trai...
We look at the final step that follows after recording to the general ledger which is doing the trial balance. We also look at a few tips on what you can expect in your exams.
