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UNIT 2: LEDGERS
1. Ledger: It is a book containing all set of accounts. It is known as principal book of
accounts, because from ledger, trial balance is formed. The format of ledger account is given
below :
Account
Date Particulars J.F. Amount Date Particulars J.F. Amount
2. Posting: The process of transferring the debit and credit items from journal to classified
accounts in the ledger is known as posting.
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