1. U NDERSTANDING G ENERAL L EDGER Course 2011011

2. Trading Statement Profit and Loss Statement Reset - Sections Appropriations Appropriation Assets Liabilities Equity Retained - Balance Sheet General Ledger Structure

3. Income Less Cost of Goods Trading Statement All Income Less Expenses Profit and Loss Statement Net Profit

4. Current Fixed Assets Current Long Term Liabilities Investments

5. U NDERSTANDING G ENERAL L EDGER S ETS

6. These are used to get information from your sub ledgers to your General Ledger Debtors Fixed Assets Creditors Stock Purchasing Cash Register General Ledger Bank Reconciliation

8. How does the system know what codes to use?

9. Main Accounts

10. Fixed Assets