What is ledger folio
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Ledger Folio is the page number of the ledger account on which the relevant account appears. All entries from the journal are posted in the ledger accounts. This page number or the folio number of the ledger account, where the posting has been made, is recorded in the L.F. column of the journal.
EXTRA----
Ledger Folio is a page number of an account in ledger that is written in L.F. column of a journal format in journal entry. Ledger folio number is written corresponding to the name of the account in the L.F. column. It helps in easy locating of the account in the ledger book.a sheet of paper folded once to make two leaves, or four pages, of a book or manuscript. a volume having pages of the largest size, formerly made from such a sheet. a leaf of a manuscript or book numbered only on the front side.In legal costing in the NSW Local Court, NSW District Court, NSW Supreme Court, Family Court and recently in the Federal Court, a folio is up to 100 words. For example, if a letter is 45 words, it is one folio. If it is 99 words it is 1 folio. If it is 101 words it is 2 folios. ... 11 a folio was 72 wordsThe term "folio", from the Latin folium (leaf), has three interconnected but distinct meanings in the world of books and printing: it is firstly a term for a common method of arranging sheets of paper into book form, folding the sheet only once, and a term for a book made in this way; secondly it is a general term for ...
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