The ledger where all transactions relating to assets and liabilities are recorded is called :

CS Executive · Corporate and Management Accounting · PYQS · June 2024
The ledger where all transactions relating to assets and liabilities are recorded is called :
(A) Cash Book
(B) General Ledger
(C) Nominal Ledger
(D) Private Ledger

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Financial Accounting

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