3 years ago

Transaction are posted into ledger account from a) voucher b) journal book c) bank statement d) none of these

Engineering

1 answer:

vodomira [7]3 years ago

8 0

Answer:

b) journal book

Explanation:

A ledger is an account for recording balance sheet and income statement transaction entries like cash, investments, inventory and so on.

Before a transaction is posted into the ledger account after an accounting cycle, it is first written in the journal book, before it is then posted in the ledger account. The process of posting refers to the transferring of entries from the journal book to the ledger.

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