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What is ledger?
accountancy

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Asked by biswajit100 Thursday Jul 30th 2009 in Career Planning
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Mostly transactions are entered in a subsidiary book of entry known as the journal(book of prime entry) before they are posted to the ledger which is the principal book of account.

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In accounting the ledger is the core of the financial records. It is the "books," which is a record of all financial transaction are monitored.

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