Question

ledger is a king of book explain​

Answer 1

Explanation:

All the transaction are journalized and the entries in the journal are transferred to the appropriate accounts in ledger to know the exact position of each account on any particular date. ledger is a book where the various account pertaining to a particular person thing or service are grouped together in one place in the form of an account is called ledger

Answer 2

Answer:

Ledger is called the king of all books of accounts because all entries from the books of original entry must be posted to the various accounts in the ledger. It should be noted that journal contains a chronological record while ledger contains a classified record of all transactions.

Explanation:

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