Standard Product Buku Ledger 40’s (LB6040)

Bill book is a book in which a person keeps an account of his notes, bills, bills of exchange, etc., thus showing all that he issues and receives.A merchant use bii=ll book to keep a record of the details of his bills of exchange, promissory notes, etc., payable and receivable.

A ledgerbook is a book or collection of accounts in which account transactions are recorded. Each account has an opening or carry-forward balance, would record transactions as either a debit or credit in separate columns and the ending or closing balance.

This book containing accounts in which the classified and summarized information from the journals is posted as debits and credits. It is also called the second book of entry.

The ledger contains the information that is required to prepare financial statements. It includes accounts for assets, liabilities, owners’ equity, revenues and expenses. This complete list of accounts is known as the chart of accounts. The ledger represents every active account on the list.