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What is the difference between T-shaped …

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What is the difference between T-shaped account and ledger

Posted by Raja Gupta 3 years ago

CBSE > Class 11 > Accountancy

1 answers

Sia ? 3 years ago

The key difference between T account and ledger is that T account is a graphical representation of a ledger account whereas ledger is a set financial accounts. Therefore, a ledger can also be interpreted as a collection of T accounts.

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CBSE > Class 11 > Accountancy