Which of the following statements about ledgers is correct? a. A ledger is a collection of the
Question:
Which of the following statements about ledgers is correct?
a. A ledger is a collection of the asset accounts in a company.
b. A ledger is a book to record daily transactions.
c. A ledger is a collection of all the accounts maintained by a company.
d. A ledger is a book that reports the outcome of the business operation.
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The correct statement about ledgers is c A ledger is a collection of all the accounts maintained by ...View the full answer
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Related Book For
Principles Of Islamic Accounting
ISBN: 9781119023296
1st Edition
Authors: Nabil Baydoun, Maliah Sulaiman, Roger J. Willett, Shahul Ibrahim
Question Posted:
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