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What is a ledger? - Accountancy

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प्रश्न

What is a ledger?

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उत्तर

A ledger account is a summary statement of all the transactions relating to a person, asset, liability, expense, or income that have taken place during a given period of time and shows their net effect. From the transactions recorded in the journal, the ledger account is prepared. The ledger is known as the principal book of accounts.

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पाठ 4: Ledger - Very short answer questions [पृष्ठ ७७]

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सामाचीर कलवी Accountancy [English] Class 11 TN Board
पाठ 4 Ledger
Very short answer questions | Q II 1. | पृष्ठ ७७
सामाचीर कलवी Accountancy [English] Class 11 TN Board
पाठ 4 Ledger
Short answer questions | Q III 2. | पृष्ठ ७७
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पाठ 12 Accounting Records
EXERCISES | Q III. 1. (i) | पृष्ठ १५०
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