About this document
Understanding Ledger as Secondary Book by Lipika haldar is a document available to read on EtoBox.
The ledger is the secondary book of accounts that contains a number of accounts to which journal entries are transferred through the process of posting. It provides a detailed and summarized analysis of transactions by account. Maintaining accounts in the ledger facilitates division of labor, easy detection of errors, and timely completion of work by ledger clerks. The ledger forms the basis for preparing a trial balance to check the arithmetic accuracy of the books of accounts.
- Author
- Lipika haldar
- Language
- EN