Social Sciences, asked by archi49, 1 year ago

what is accounting in ledger called​


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Answers

Answered by sahi12
1

hello

Also called book of final entry, a ledger records classified and summarized financial information from journals (the 'books of first entry') as debits and credits, and shows their current balances. In manual accounting systems, a ledger is usually a loose leaf binder with a separate page for each ledger account.

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