Accounts are presented in the general ledger in the same order as they are presented in the balance sheet.

Question

Quizplus · Accepted Answer

Accounts are presented in the general ledger in the same order as they are presented in the balance sheet because the general ledger is the source document for the balance sheet. The general ledger contains all of the accounts that are used in the balance sheet, and the accounts are listed in the same order in both documents.

Accounts Are Presented in the General Ledger in the Same