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Give differenc between ledger and journal

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Give differenc between ledger and journal

Posted by Priyanshu Parmar 3 years, 6 months ago

CBSE > Class 11 > Accountancy

2 answers

Yogita Ingle 3 years, 6 months ago

Journal	Ledger
It is the original book	It is the book of final entry
It is the book for chronological order entry	It is the book for analytical record entry
It is the book of source entry which has greater legal evidence	It has lesser legal evidence
Transaction is the basis of classification of data within the journal	Account is the basis of classification of data within the ledger

Rohit Mourya 3 years, 6 months ago

Hi

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