What is Ledger

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What is Ledger..

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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What is Ledger..

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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What is Ledger..

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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