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The ledger is described as the:
ABook of original entry
BSubsidiary day book
CPrincipal book of entry
DA source document
Answer & Solution
Correct answer: C. Principal book of entry
Journal entries are posted to ledger accounts, which form the principal book.
Related questions
Posting means grouping all transactions of a particular account:The first step in posting is to locate in the ledger the:The title of a ledger account ends with the suffix:The journal folio column in a ledger account records the:Which accounts appear in the balance sheet?Which accounts are permanent accounts?Recording in the journal is called journalising, while recording in the ledger is:The basis of classification of data in the ledger is the: