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- A ledger is a summary of transactions that relate to a certain account1. It is used to record and track the financial activities of a business or an individual. Some common examples of ledger accounts are234:
- Cash
- Inventory
- Fixed Assets
- Accounts Receivable
- Accounts Payable
- Capital
- Revenue
- Depreciation
- Salaries and Wages
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Ledger is a summary of transactions that relate to a certain account. For example, our bank ledger will summaries all the transactions that involved our bank account; our loan ledger will summarise all the transactions that involved our loan account and so on. In bookkeeping/accounting Ledgers are important because they summarise all our ...
www.guru99.com/ledgers.htmlCommon Examples of Ledger Accounts Some common examples of ledger accounts are: Cash Inventory Fixed Assets Accounts Receivable Capitalwww.wallstreetmojo.com/ledger-account-examples/Examples of common ledger accounts include:
- Asset accounts, such as cash, prepaid expenses, accounts receivable, and furniture and fixtures
- Liability accounts, including accounts payable, accrued expenses, lines of credit, and notes payable
www.freshbooks.com/hub/accounting/what-is-a-led…Following are some examples of ledger accounts Accounts receivable Cash Depreciation Accounts payable Salaries and wagesbyjus.com/commerce/ledger-in-accounting/ - People also ask
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