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how to establish full sets accounts hello in this session i would like to explain how does full sets accounts to be established for one company the concept is widely used in the current computerized accounting software firstly general ledger must be created that is the heart of the accounts general ledger contains accounts code associated with relevant sales and type of expenses and balance sheet items there are total five sub-ledgers that you had to create and link to the general ledger later the first ledger is sales ledger it is the ledger to keep sales record of the company the second ledger is debtors lender debtors ledger is to keep customer sales invoice and payment received from customers at any point of time customers outstanding balances are shown in this ledger by individual customer its contains customers record from a to z the third ledger is purchase ledger purchase ledger is the ledger to keep all purchases record of the company it includes detailed purchases such as