what is the difference between JOURNAL ENTRY & LEDGER
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Answer Posted / sravan.basa
Journal Entry:- It is a process of recording the business
transactions in the journal is known as a journalising.To
divide business trancations into two aspects and recording
in the journal is called 'journal entry'.The first aspect
is Debit secound aspect is Credit.
Ledger:- Ledger is a set of accounts.It contains all
accounts of the business enterprise whether
real,nomial,personal.
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