A statement in a double entry system in which are recorded all the transactions of one specific class, which takes place during the period is called
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Correct Answer: Option B
Explanation:
Ledger is a separate record within the general ledger that is assigned to a specific asset, liability, equity item, revenue type, or expense type. Examples of ledger accounts are: Cash. Accounts receivable.
Ledger is a separate record within the general ledger that is assigned to a specific asset, liability, equity item, revenue type, or expense type. Examples of ledger accounts are: Cash. Accounts receivable.