Also, explain the difference between Ledger Balance and Available Balance?
Is this the true definition "Ledger balance is the balance at the start of the day".
Yes this definition is correct. For the difference between ledger balance vs available balance you can visit the page.
The ledger balance is the balance available as of the beginning of the day. view it now Your ledger balance is your current bank balance, as opposed to your available balance. It includes all checks exceptional that have not yet cleared the account.
Ledger Balance is a very wider term. There is a great difference between ledger balance and available balance. For more informative articles on these terms just click https://rankmyservice.com/myessaygeek-com/. For the difference between lodger balances available balance you can visit the page.