The ledger is a
A. group of accounts that records data from business transactions.

B. tool used to make sure that all accounts have normal balances.

C. chronological record of the day’s transactions.

D. tool used to ensure that debits equal credits.

Question

The ledger is a
A. group of accounts that records data from business transactions.
	
B. tool used to make sure that all accounts have normal balances.
	
C. chronological record of the day’s transactions.
	
D. tool used to ensure that debits equal credits.

anonymous · Answer

Im stuck between B and C

armyrangers · Answer

It is B

anonymous · Answer

okay thats what I had.. I was making sure tho. =] thanks

dangerousjesse · Answer

I think Army is right. All I know is that a ledger is a book or file with recordings of the debit and credit transactions in two different columns.