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P1 C9 Ledger-Posting — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP1 C9 Ledger-Posting1 Mark
Question
What is ledger ?
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Answer

Ledger is a principal book of accounts in which various accounts relating to individual, goods,assets, liabilities, income and expense etc. are maintained. All these accounts are created from the transactions recorded in journal and in subsidiary books.

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