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Answer in one sentence only: What is Ledger? - Book Keeping and Accountancy

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Question

Answer in one sentence only:

What is Ledger?

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Solution

The ledger is the principal book of records and contains all the individual accounts, like Cash, Sales, Purchases, etc., of a business’s transactions arranged in order.

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Chapter 4: Ledger - Exercises [Page 114]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 15 Project Work
PROJECT WORK PROBLEMS | Q 10. | Page P-14
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