Learning Materials

You have learnt that business transactions are recorded in various special purpose books and journal proper. The accounting process does not stop here. The transactions are recorded in number of books in chronological order. Such recording of business transactions serves little purpose of accounting. Items of same title in different books of accounts need to be brought at one place under one head called an account. There are numerous account titles of items/persons or accounts. All the accounts, if brought in one account book, will be more informative and useful. The account book so maintained is called Ledger.

 In this lesson, you will learn about Ledger and posting of items entered in various books of accounts to ledger.

Click here check additional notes on the preparation of ledger account.

To get video tutorials on the topic you can also select the links below:

Tutorial 1

Tutorial 2

Tutorial 3

You can also check for this PDF document to get more clarification on the concept of a ledger. You are also advised to attempt the questions at the end of the PDF document and comment on the challenges you will come across.