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, and creditors. Moreover, a proper format is being used to draft this general ledger template. The title of a general ledger also includes the following information. For instance, the business name, document name, and date. Moving further, every cash transaction is first included in this document and is then carried forward to other financial statements. Importance of General Ledger: The free general ledger template is a…