A ledger:
A)is where transactions are initially recorded.
B)is where transactions are posted to after they are initially recorded.
C)is the same as a chart of accounts, with each account numbered to facilitate frequent references that are made to it.
D)is the same as a source document, such as an invoice from a supplier or a copy of a credit purchase made by a customer.

Question

Quizplus · Accepted Answer

A ledger is where transactions are posted after they are initially recorded in the journal.

A Ledger