| As you devour this article, remember that the | | | | such as cash, accounts receivable, and accounts |
| rest of it contains valuable information related to | | | | payable. All the entries that are entered (called |
| statutory accounting principles and in some way | | | | posted) to these sub ledgers will transact through |
| related to federal housing grant, job seekers, | | | | the general ledger account. For example, when a |
| accounting profits or tally accounting course for | | | | credit sale posted in the account receivable sub |
| your reading pleasure. | | | | ledger turns into cash due to a payment, the |
| Sub ledgers and the General Ledger, Your | | | | transaction will be posted to the general ledger |
| accounting system will have a number of | | | | and the two (cash and accounts receivable) sub |
| subsidiary ledgers (called sub ledgers) for items | | | | ledgers as well. |