Assertion: general ledger | /r/HasAspect | debit
Facets:
Source sentences:
text: Hence, the trial balance is less important for bookkeeping purposes since it is almost certain that the general ledger and the trial balance will have the debits equal to the credits.
text: If the totals of the two columns are equal, accountants are comforted in knowing that the general ledger has its debits equal to credits.
text: A general ledger is used by businesses that employ the double-entry bookkeeping method, which means that each financial transaction affects at least two sub-ledger accounts and each entry has at least one debit and one credit transaction.