Accountancy, asked by bhumipal019, 3 days ago

Can you make a ledger account for named cheque ac​

Answers

Answered by himanshusekharrout44
0

Answer:

A ledger balance is a balance in an account at the beginning of each day, also known as the current balance. It includes all deposits or transactions that were posted from the previous night, whether any money has been collected or disbursed.

Explanation:

The ledger balance includes only the credits and debits already cleared into your account. ... You should pay more attention to the ledger balance while determining whether you have enough balance to make a withdrawal or not. It is safe to use your ledger balance, as available balance will not show the amount not cleared.

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