What exactly is QuickBooks General Ledger?
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| In QuickBooks Desktop, the General Ledger report is an account that shows how a company manages and controls its cash flow. It displays a list of transactions from all accounts for a specific date range. Asset accounts such as Cash, Accounts Receivable, Equity, and Undeposited Funds are some QuickBooks general ledger example accounts. QuickBooks, for example, employs the double-entry bookkeeping system, which requires you to record an offsetting credit for each debit in the account. |
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