An inactive account should be immediately removed from the general ledger for security reasons.

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Quizplus · Accepted Answer

An inactive account should not be immediately removed from the general ledger for security reasons. Even though an account may be inactive, it may still have past transaction records that need to be retained for future reference, auditing or accounting purposes. It is recommended to keep inactive accounts in the general ledger but mark them as inactive or closed. This way, the account can still be tracked for record keeping purposes, but it won't affect current financial statements or cause confusion for users of the general ledger. Removing inactive accounts can also lead to unintentional errors or fraud, as transactions may not be recorded properly.

An Inactive Account Should Be Immediately Removed from the General