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Ledger — Book Keeping & Accountancy STD 11 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 11 Commerce / ArtsBook Keeping & AccountancyLedger2 Marks
Question
Ledger accounts are balanced every day.
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Answer

This statement is False.
Ledger accounts are balanced on a particular period of time or on the accounting year of the firm. They are not balanced every day.

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