Accountancy, asked by Adwait1, 1 year ago

how to do ledger posting

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Answered by ishitapathuri
4

It is ledger posting from journal...........plss like if it helped you....

          Journal is the book of original record. In case of small firms, all business transactions are recorded in the journal. Big firms record their transactions in subsidiary books and those transactions which do not find a place in subsidiary books are recorded in the journal. We cannot ascertain the position of different accounts at a glance through journal. It is, therefore, necessary that we should prepare ledger accounts with the help of journal entries. Let us take an example to explain ledger posting from journal entries

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