Question

explain loose leaves ledger​

Answer 1

Answer:

Loose sheets are used while preparing the ledger. The ledger may also be fitted with a lock. ... When a leaf or page is inserted or removed from it, the book is unscrewed and the relevant leaf put in or taken out

Explanation:

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Answer 2

Answer:

Loose-leaf Ledger also called a book of final entry, a ledger records classified and summarized financial information from journals (the ‘books of first entry’) as debits and credits, and shows their current balances. In manual accounting systems, a ledger is usually a loose-leaf binder with a separate page for each ledger account.