Question

What do you mean by ledger ? Explain with formate of ledger ?​

Answer 1

Answer

A ledger is a book containing accounts in which the classified and summarized information from the journals is posted as debits and credits. ... It includes accounts for assets, liabilities, owners' equity, revenues and expenses. This complete list of accounts is known as the chart of accounts

Answer 2

ledger is a book containing accounts in which the classified and summarized information from the journals is posted as debits and credits. ... It includes accounts for assets, liabilities, owners' equity, revenues and expenses. This complete list of accounts is known as the chart of accounts.