Accountancy, asked by nabhsjsjs7006, 11 months ago

What are the similarities of journal and leger

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Answered by bainsjashan
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Answer:

Key Differences Between Journal and Ledger

The Journal is a book where all the financial transactions are recorded for the first time. When the transactions are entered in the journal, then they are posted into individual accounts known as Ledger. The Journal is a subsidiary book, whereas Ledger is a principal book.

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