How to set up a Balance Sheet and General Ledger spreadsheet in Excel? Download this Balance Sheet and General Ledger Excel template now!
This ready-made and easy-to-customize blank Excel Balance Sheet and General Ledger templates are perfect if you need to keep track of your income and expense.
Performing an adequate administration in a professional way will get you and your company the overview you need to do business in a successful way. Using our ready to use and easy to modify Balance Sheet and General Ledger brings you an extra motivation and inspiration and gives you more time to focus on important subjects in your bookkeeping.
Please note that the Ledger Account is a summary of each account. General ledger accounts are also called “T-Accounts”. This is because they often have a similar shape as the letter T. Both the General Ledger Accounts and the Accounting Journal use double-entry accounting to keep the accounting equation in balance. The general ledger shows each accounting entry in separate general ledger accounts for a summary of each account. Adding the columns for each account and taking the difference between the two columns equals the balance of the account.
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