1.

MULTIPLE CHOICE QUESTIONis known as principal book of accounts because it is very useful for ienterprise.a) Journal (b) Ledger(c) Balance Sheet(d) Trial Balance

Answer»

option (b) is correct

Ledger isknownas a primarybook andprincipal bookbecause it is from ledger balances that trial balance and finalaccountsare prepared.



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