How to Calculate Sales Returns in a General Ledger. The general ledger is where a company keeps all of its accounts. Within the general ledger, separate accounts record debits, the reducing of ...

In contrast, the purchase and sales ledgers are called subsidiary ledgers because they're not part o. ... usually monthly, summary totals from the day book to the general ledger.

THE RAVI Pushya Nakshatra saw sales of gold and silver coins, jewellery and utensils soaring in the City on Sunday. And the traditional ledger books, which still retain their popularity in the ...