An account in QuickBooks Desktop that displays how a company manages and controls its cash flow is the General Ledger account. It displays a list of all the accounts' transactions for a given data range. Accounts for assets including Cash, Accounts Receivable, Equity, and Undeposited Funds are examples of QuickBooks General Ledger. For instance, the double-entry bookkeeping method is used by QuickBooks. Now, journal entries can also be used to document these interactions. However,accountants that don't adhere to the standard accounting practices also generate a generic journal ledger in QuickBooks.
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