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Ledgers Explained for Beginners | Accounting Basics – General Ledger, Receivables & Payables Ledgers

Learn how ledgers work in accounting — step by step!
In this beginner-friendly video, you’ll understand how transactions move from the books of prime entry (day books) into different ledgers, including the General Ledger, Accounts Receivable Ledger (Sales Ledger), Accounts Payable Ledger (Purchase Ledger), also the Prime books - Cash Book, and The Petty cash.

📘 In this video you’ll learn:
- What ledgers are and why they are used in bookkeeping
- The difference between general and Subledgers or Subsidiary Ledgers
- How sales and purchases are recorded in ledgers
- The link between day books and ledgers
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Видео Ledgers Explained for Beginners | Accounting Basics – General Ledger, Receivables & Payables Ledgers канала SkillUp Smart
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