What is a Ledger?

Yellow Star Yellow Star Learn with Movies

Arun & Raman

[{"selector":"#anim-e0de3978-e968-4b36-90ff-5b0d0b1a4097","keyframes":[{"transform":"rotate(-540deg) scale(0.1)","opacity":0},{"transform":"none","opacity":1}],"delay":0,"duration":4000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both","iterations":1}] [{"selector":"#anim-c35902d2-8ed4-44b4-8501-1cbec4134b62","keyframes":[{"transform":"rotate(-540deg) scale(0.1)","opacity":0},{"transform":"none","opacity":1}],"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both","iterations":1}] Yellow Star Yellow Star Raman is not treating Arun like his manager until Arun points out a mistake he committed while preparing the ledger statement.

After the preparation of the Journal which lists down entries chronologically, the next step is posting it in the general ledger

[{"selector":"#anim-4c1bc6c5-7e7c-48d5-b124-45ffbd9b0467 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0, 7.760782355151471e-15%, 0)","translate3d(0, 0%, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

The process of transferring entries from the journal to the ledger is called posting. A ledger is also called a T account

[{"selector":"#anim-97d492cf-77ee-4fb4-8361-fe6e9119711e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.25382876107028%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

CLICK HERE TO LEARN THIS PROCESS

[{"selector":"#anim-e11bbef7-6674-4434-b256-68838539dcf2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0, 6.067961238287115e-7%, 0)","translate3d(0, 0%, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] LEARN WITH MOVIES

MORE STORIES-LEARN WITH MOVIES

[{"selector":"#anim-60343264-7d69-400a-8097-440a9d521985","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bdb324a6-e132-45d3-8ddd-5e8bb9d12587","keyframes":{"transform":["translate3d(132.89476%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8a5863c2-4502-4902-ad61-73810b8b5ae3","keyframes":{"opacity":[0,1]},"delay":300,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bbdfa9ef-492d-479e-8d50-1fb294a7fedb","keyframes":{"transform":["translate3d(-146.71053%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4f187cac-0cc9-4cb0-b8db-a94bb66110cc","keyframes":{"opacity":[0,1]},"delay":600,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4f02252d-d7e9-4abf-bfbb-8acee6058f6b","keyframes":{"transform":["translate3d(132.89476%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Yellow Star Yellow Star

What is a Ledger?

Arun & Raman

After the preparation of the Journal which lists down entries chronologically, the next step is posting it in the general ledger

The process of transferring entries from the journal to the ledger is called posting. A ledger is also called a T account

CLICK HERE TO LEARN THIS PROCESS

MORE STORIES-LEARN WITH MOVIES

Who is an Auditor?

What is Unemployment?

What are Criminal Proceedings?