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  • 23-07-2017
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why ledger is prepared

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sweety423
sweety423 sweety423
  • 23-07-2017
Ledger is the principal book without which financial statements like p&l and balance sheet cannot be ascertained so ledger is to be prepared. The account wise balances of each account from ledger are taken and then trial balance is prepared. trail balance cannot be prepared with the help of journal only.
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