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प्रश्न
What do you understand by ledger folio?
थोडक्यात उत्तर
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उत्तर
Ledger folio is a page number of an account in ledger that is written in the L.F. column of a journal format.
In journal entry, ledger folio number is written corresponding to the name of the account in the L.F. column.
It helps in easy locating of the account in the ledger book. It reduces the time in recording and rechecking.
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