general ledger examples

Explore detailed general ledger examples to understand how businesses record financial transactions. A general ledger is the foundation of accounting, tracking all income, expenses, assets, and liabilities. In this guide, you’ll find examples such as sales transactions, office supply purchases, rent payments, and cash receipts. Each example highlights how debits and credits are applied to various accounts, helping you manage and organize financial data effectively. Whether you're a small business owner or a student of accounting, these general ledger examples will help you understand how to maintain accurate financial records and prepare for financial reporting.