What is the meaning of 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.
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Answer:
Ledger Folio is the page number of the ledger account on which the relevant account appears.
Explanation:
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.
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