Definition of Ledger
What is the Definition of Ledger in terms of Accountancy?
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Definition of Ledger: Ledger is merely a register or bound book in which there are great numbers of pages according to serial no. In ledger, one page is allocated for one account. When account is large and size is more than one page, then the new page is added and page no. of latest page is written on old page of similar account.
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