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Recording of Transactions - 1 — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountRecording of Transactions - 11 Mark
Question
Why is the Ledger called the book of Final entry?
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Answer

The Ledger is called the book of final entry because it is the book in which all the business transactions would ultimately find their place.

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