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MAINTAIN A GENERAL LEDGER and PROCESS JOURNAL ENTRIESSTUDENT MANUALNAME: Maintain a General Ledger and Process Journal Entraining A TRANSACTION ANALYSIS CHART TO UNDERSTAND TRANSACTIONS Understanding

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What is maintain a general ledger?

Maintaining a general ledger involves recording all financial transactions of a business in one place.

Who is required to file maintain a general ledger?

All businesses, regardless of size, are required to maintain a general ledger.

How to fill out maintain a general ledger?

To fill out a general ledger, one must record transactions chronologically using debits and credits.

What is the purpose of maintain a general ledger?

The purpose of maintaining a general ledger is to track all financial transactions and provide a clear overview of a business's financial health.

What information must be reported on maintain a general ledger?

A general ledger must include details of all income, expenses, assets, and liabilities of a business.

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