What is a ledger in accounting? - SchoolNGR

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What is a ledger in accounting?

What is a ledger in accounting?

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A A book of financial trANS#actions
B A summary of a company's profit
C A list of all employees
D A record of inventory levels
E A marketing plan

Correct Answer: Option A

Explanation:
A ledger is a book or collection of accounts in which financial trANS#actions are recorded.

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