Main objective of preparing ledger account is to ……………..
A. Ascertain the financial position
B. Ascertain the profit or loss
C. Ascertain the profit or loss and the financial position
D. Know the balance of each ledger account
Answer:D
Main objective of preparing ledger account is to ……………..
A. Ascertain the financial position B. Ascertain the profit or loss C. Ascertain the profit or loss and the financial position D. Know the balance of each ledger account