Assertion: general ledger | /r/CapableOf | summarize transaction
Facets:
value: through assets
type: MANNER
value: through liabilities
type: MANNER
Source sentences:
text: A general ledger is the master set of accounts that summarize all transactions occurring within an entity.
text: Since a general ledger summarises all transactions through the double-entry bookkeeping method, assets and liabilities will always be in balance.
text: So general ledger is one more book of accounts that records the transaction, after being posted into a general journal, on the basis of the type of account affected by the transaction in terms of credit and debit.
text: A general ledger is the master set of accounts that summarize all transactions occurring within an entity.
text: A general ledger is the master set of accounts that summarize all transactions occurring within an entity.