What is bgl account in bank?
1 Answer(s) Available
Answer # 1 #
BRANCH GENERAL LEDGER (BGL), Branch General Ledger accounts refer to all the internal and intermediate. BGL STANDS FOR BRANCH GENERAL LEDGER ACCOUNT. The Bank has received the signed Authority Form which has been approved. In the Bank Master system accounting runs on the concept of “Double Entry. He also stated that the cash withdrawal from his account was made.