A general ledger template is an accounting document which is very important for preparing other financial documents. This document will contain separate accounts of different financial terms like assets, fixed assets, liabilities, revenues, debtors, creditors etc. Proper format is being used to draft this general ledger template. Title of general ledger also includes business name, document name, and date. Every cash transaction is first included in this document and is then carried forward to other financial statements. Importance of General Ledger General ledger template is widely used document in all organizations for record keeping. Businesses and organizations that use double-entry…