Accountancy, asked by BharatBhushanMishra, 11 months ago

what is a ledger of accountancy

Answers

Answered by pintusingh41122

Answer:

Ledger is the principal or main book for totalling and recording or posting of the transaction which are measured in the monetary terms.

Explanation:

The ledger of accounting is a record or an account which is used to for book- keeping entries for transactions of the balance sheet and the income statement. It involves the accounts such as customer deposits, accounts receivable, accounts payable, investments, cash, accrued expenses and inventory.

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