small business ledger example

Explore a small business ledger example to understand how to manage and record financial transactions. A ledger is essential for tracking income, expenses, assets, liabilities, and equity. Learn how to organize your small business’s financial records, with examples of common ledger entries like sales, purchases, payroll, and taxes. Discover how maintaining a detailed ledger helps improve financial accuracy, ensure tax compliance, and support sound decision-making for small businesses.