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Accounting about The ledger--function--Objectives--Kinds-- 



The ledger is the book used to record every transaction in chronological order, 
which was moved into any accounts that linked. can concluded that 
ledger is a collection of the accounts used to record and classify the type of transactions. 
 
 
 
B. FUNCTIONS of LEDGER 
The function of the ledger is as follows: 
1. To record the details of each transaction affecting the assets, debts and capital along with 
changed.
2. Classify the transactions according to the respective accounts of each account 
3. Sum 
4. Summary the accounts related to the order to make a report on the future 
5. Collect data transactions 
6. Classifying and coding of data transactions and accounts 
7. Noting the adjustment of the data 
8. Setting up an account on the financial statements 

C. The Objectives of Ledger
the objectives of the ledger are as follows: 
1. Record all accounting transactions accurately and correctly 
2. Posting transactions to the appropriate accounts 
3. Maintain the balance of debits and credits to accounts 
4 . Generate reliable financial reports and timely for each accounting period 
 D.The kinds of ledger
1. ledger of the general ledger is the main or primary is a collection of accounts
 of real and nominal used to classify a company's financial transactions had 
been recorded in specialized journals. 
2. ledger ledger are the details of the accounts and the account and the main 
ledger used to control or supervise the main ledger accounts in question.
 
thanks,.seeyou in the next blog:)

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