Question

State whether the following statements are
False:
OPTIONS
.A ledger is called a book of final entry
sary
.A ledger is not prepared from a journal
A ledger is the principal book of account
.Balancing a ledger is necessary​

Answer 1

A ledger is a book containing accounts in which the classified and summarized information from the journals is posted as debits and credits. It is also called the second book of entry. The ledger contains the information that is required to prepare financial statements.

●False........

●True.........

●True..........

●True............

:. opt. A is false and the write...........