In the general ledger, very few daily transactions are completed. Most of the daily transactions are completed in subsidiary ledgers, such as accounts receivable and account payable. The following exercise are to help you become more acquainted with master record in General Ledger Accounting. In order to learn how to create a journal entry, you will post an increase in capital for IDES Germany in the next lesson. To do this, you will create a new G/L account in this lesson that you will then post to in the next lesson.