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What is the significance of financial general ledger accounting?

What is the significance of financial general ledger accounting?

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What is the significance of financial general ledger accounting?

Answer

It is used whenever there is a need for the organization to access external accounts. It simply incorporates all the financial transactions of a business made within a specific time period. The users are free to keep up the pace simply even when the operational areas need core accounting skills or have problems associated with them.

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