Economy, asked by tamangbenayak479, 7 months ago

Enumerate
the steps to be taken in the preperation of a ledger​

Answers

Answered by sunshiines
2

Answer:

1. Drawing the Form – Get pen and paper, Start Drawing the Ledger Account.

2. Posting Transactions from Journal to Respective Ledger Account.

3. Folioing – Put the Page Number for a Journal Entry on the Ledger Account’s Folio Column.

4. Casting – Separating Debit and Credit Amount.

5. Balancing – Find the Difference between Debit and Credit to get Debit or Credit balance of the Account.

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