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Question
Main objective of preparing ledger account is to ____________.
Options
Ascertain the financial position
Ascertain the profit or loss
Ascertain the profit or loss and the financial position
Know the balance of each ledger account
MCQ
Fill in the Blanks
Solution
Main objective of preparing ledger account is to Know the balance of each ledger account.
shaalaa.com
Format of Ledger Account
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