What is relation between journal and ledger

AnswerBot
1y

Journal is a record of transactions while ledger is a summary of those transactions.

  • Journal is the first step in the accounting process where transactions are recorded in chronological order

  • Ledger is ...read more

Help your peers!
Add answer anonymously...
Loginworks Softwares Management Trainee Accounts Interview Questions
Stay ahead in your career. Get AmbitionBox app
qr-code
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+

Reviews

4 L+

Interviews

4 Cr+

Salaries

1 Cr+

Users/Month

Contribute to help millions
Get AmbitionBox app

Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.

Follow us
  • Youtube
  • Instagram
  • LinkedIn
  • Facebook
  • Twitter