Question

A specialized accounting book in which information is accumulated into specific categories and posted so managers can find all information about one account in the same place is a.

Answer 1

A specialized accounting book for accumulating and posting business transactions into specific categories is a ledger.

What is a ledger?

A ledger is a specialized accounting tool.  It can also be described as a financial book or computer program.

In the ledger, information from accounting journals is accumulated and posted into specific categories matching the type of accounts.

From the ledger, the trial balance is extracted, which forms the basis for preparing the financial statements that show an entity's financial profitability and position.

Thus, a specialized accounting book for accumulating and posting business transactions into specific categories is a ledger.

Learn more about the ledger accounts at brainly.com/question/17143087