Ledger = From the Journal entries we will post the transactions in a book known as Ledger. Ledger is a book which contains the summarized and classified form of permanent records of all transactions .The format of ledger is as follows;
Dr. Cr.
|
Date
|
Particulars
|
Amount
|
Date
|
Particulars
|
Amount
|
|
|
To Common stock
|
$20000
|
|
By purchases
|
$10,000
|
|
|
|
|
|
By Balance C/D
|
$10,000
|
|
|
Total
|
$20000
|
|
Total
|
$20,000
|
This is an example of Cash A/C