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What is Ledger
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Answer / abhishek shah
In leger we generally create a proper head of each a/c. Ex:-
cash a/c,bank a/c, debtor/s a/c, creditor a/c,etc
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Answer / neha
Ledger may be defined as a summary statement of all the transactions
relating to a person,asset,expense or income which have taken place
during a given period of time and shows their net effect.
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Answer / shriveni
A ledger is a book which contain all the accounts whether personal real or nominal, which are first entered in journal or special purpose subsidary books
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MEANING OF THE ACCOUNTING AND GIVE THE DEFINATION
Dear Sir, an employee going to leave his job and the employer giving him 3months salary of Rs. 45000, and giving 95000/- aginst full & Final Settlement . so tell me how i pass the entry.
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