The double entry system of book-keeping

Describe the double entry bookkeeping system, including how to process accounting information using this system, prepare ledger accounts, record transactions in the ledger, balance the ledger accounts as necessary, and transfer balances to financial statements. Additionally, interpret the ledger accounts and their balances, and identify the different sections of the ledger: the sales ledger, purchases ledger, and nominal (general) ledger. Note that explanations or use of folio columns and three-column running-balance accounts are not required.