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The General Ledger is a comprehensive record of all financial transactions within an organization, maintained as part of the Double Entry Accounting system in Financial Accounting. It provides a clear and systematic documentation of every financial event, enabling accurate tracking and analysis of an entity's financial health under Accrual Accounting principles. In essence, the General Ledger serves as the backbone of the accounting system, integrating all subsidiary ledgers into one unified framework. It is here that debits and credits are ultimately recorded and balanced, ensuring a transparent view of an organization's financial standing at any given time. The General Ledger facilitates various financial reports such as the Income Statement, Balance Sheet, and Cash Flow Statement, providing essential insights to stakeholders for informed decision-making in Business operations.