Question
What part of the accounting cycle is basically a compilation of all of the journal entries for every account the company has recorded?
worksheet
trial balance
general ledger
financial statement
Answers
GPT-4o mini
The part of the accounting cycle that is basically a compilation of all of the journal entries for every account the company has recorded is the **general ledger**. The general ledger contains all the accounts and their transactions, summarizing all financial data for the company.