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Accounting Ledger -Definition, Features, Importance, Rules

Accounting Ledger -Definition, Features, Importance, Rules [Notes with PDF]

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In this article, we will learn in-depth about the ledger, including its definition, features, necessity or importance, classification, preparation rules, and much more. What is Ledger? The 3rd step of the accounting cycle is Ledger. Ledger is called the main book of accounts. The book in which transactions are recorded in classified permanent form is called…