Ledger

Basic of Accounting

By Ashish Sir March 23, 2023Basics of AccountingNo Comments

Journal is a record of financial transactions that lists the transactions in chronological order. A journal is used to record all of the transactions that a business engages in, including sales, purchases, payments to suppliers, and expenses.

What is Ledger?

By Ashish Sir March 2, 2023Advance AccountingNo Comments

A ledger is a financial record that is used to record and classify a business's financial transactions. It is a collection of accounts that represents all the assets, liabilities, equity, revenue, and expenses of the business. Each account in the ledger represents a specific type of financial transaction, such as cash, accounts receivable, or accounts payable.

Basic of Accounting

What is Ledger?

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