What Is a Ledger Balance?

A ledger balance is the sum of all the amounts in an account, including both debits and credits. The ledger balance is different from the account’s balance, which is the difference between the account’s debits and credits. Can ledger balance be reversed? Yes, a ledger balance can be reversed. This is typically done when an … Read more

What are contracts for difference?

In the world of finance There are several financial terms and products that it is costly to figure out just from their name alone. In this case, we are going to talk about contracts for difference. Characteristics of CFDs on the Stock Market Contracts for difference or CFD (contract for differences), is a contract that … Read more