Question

disadvantage of ledger​

Answer 1

Answer:

Unsafe as anyone can access the book or the computer file. Inaccuracy of the values in the ledger. Cannot be used to calculate final account.

Answer 2

Explanation:

Ledger is not arithmetic accurate so that trail balance is prepared after that to check its arithmetical accuracy. Thus ledger is not helpful in preparation of final accounts...

EXTRA INFORMATION✅⤵️

Advantages of ledger

Ledger has made it possible to analyze the total incomes and expenses of a business for a particular period (Trading and Profit & Loss account). By opening separate accounts for various assets and liabilities it is also possible to see the financial position of a business.

may it helps u ☺️