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A ledger is used for the calculations of payment and balancing the accounts records.
<h3>What is a ledger?</h3>
A ledger is a account or a book that is used to record the bookkeeping entries for the balance-sheet and income-statement transactions.
Through the ledger account, a ledger balance is calculated by the bank at the end of each business day that may includes all the withdrawals done and deposits made for computing total money available in the bank account.
The ledger contains the information like assets, liabilities, expenses, revenue etc.
Learn more about the ledger here:-
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Answer:
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Answer:
Religious Organizations.
Explanation:
A religious reason for existing is one of the seven absolved purposes determined in Sections of the Internal Revenue Code. Be that as it may, not at all like with the expressions "magnanimous," "instructive," and "logical," the expression "religious" isn't characterized in the Treasury Regulations, in expansive part because of established issues. IRS direction clarifies under the First Amendment, the Service can't consider the substance or wellsprings of a teaching asserted to comprise a specific religion, and can't assess the substance of a tenet an association claims is religious. This does not make a difference to rituals or practices that abuse government, state or nearby law.