Accountancy, asked by roopalir376, 1 month ago

What is ledger? what is its use.

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Answered by jessymu387

1

Answer:

An accounting ledger is an account or record used to store bookkeeping entries for balance-sheet and income-statement transactions. ... The accounting ledger is used to generate the key financial statements: the income statement, cash flow statement, and balance sheet for the company.

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