Journal Ledger
It is the first entry of financial transaction summarized and recorded according to the double-entry system A ledger is recorded from the journal in the format of a ‘T.” In addition to that, a ledger is the source of the income statement, trial balance, and balance sheet.
If the journal is made correctly, then the only perfection can be added into the ledger It is dependent on journal
Date, ledger folio, particulars, credit amount, and debit amount T format journal includes particulars, date and amount on both sides
Called “book of original entry” Called ‘book of second entry;
BY Best Interview Question ON 07 Oct 2021