Accountancy, asked by gargirai021, 1 year ago

We generally plot ledger folio into - a) preparing ledger b) preparing ledger c) decorate the format of journal d) decorate the formal of journal

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Answered by Alcaa
0

Answer: LEDGER FOLIO indicates where your transactions have been recorded in the ledger .

ledger folio in journal helps to post the entry with its respective accounts the the ledger. It basically helps  in finding the significant entries in the ledger .

Explanation: a) PREPARING LEDGER - L.F hepls in preparation of ledger with the help of the journal entries posted .

                      b) DECORATE THE FORMAT OF JOURNAL - this term means the format should  look complete and effective in formation of ledger .

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