Question

What is Ledger in Accounts ​

Answer 1

A ledger is the principal book or computer file for recording and totaling economic transactions measured in terms of a monetary unit of account by account type, with debits and credits in separate columns and a beginning monetary balance and ending monetary balance for each account.

Answer 2

transactions are recorded in the journal and thereafter they are posted to the relevant account in the ledger. ledger is a book in which various account asset account, liability account, capital account, revenue account and expenses account are opened and transactions are posted from the general block the ledger is also called the book of final entry