Accuracy of Ledger

Accuracy of ledger contains recapitulated economic information that is classified by specific account number assignment using an accounts Chart. Accuracy of ledger can be an objective manuscript or it can be referred to software or spreadsheets where the economic information is recorded.


Ledger: Learning Objectives: Define and explain the term ledger. What are the main advantages of ledger? What is the difference between ledger and journal? Explain the method of posting. What are the different methods of preparing a trial balance? Why a trial balance is