In which of the following books, separate account is maintained for each item?
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Answer: Ledger
Explanation:
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Answer:
Ledger
Explanation:
In accounts bookkeeping, a ledger is a book (or record) take keeps the records of all historical transaction data from a journal and organizing entries by account for a specific period. This period can be one month, quarter year or a complete year.
At the end of the period, the trial balance is made once all the transactions for the period have been journalized and posted to the General Ledger and in the correct column.
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