What is the difference between sales ledger and general ledger?
Rakesh Shah
CA Final
★ 5K+
27-Sep-21 21:46
404
Answers (1)
Sales ledger contains all sales regarding both credit and cash sales. All the sales will be shown in general ledger.
General ledger contains all types of accounts from journals and sub-ledgers. General ledger is also known as nominal ledger.