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Web general ledger balance equals balance at end of reconciliation period if you have more transactions than can fit in the template, insert cells to expand or list lump sum totals. Web june 16, 2023 the general ledger is the master set of accounts that aggregates all transactions recorded for a business. You’re simply comparing the balance of a subsidiary. Before closing the books at the end of each reporting period, the accounting staff must verify that the.
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