#what is ledger

#A ledger is a record-keeping system used to track financial transactions. It can be a physical or digital document that records information such as income, expenses, assets, and liabilities. Ledgers are essential in accounting and finance for maintaining accurate and organized financial data, which is crucial for business management and financial analysis. There are different types of ledgers, including general ledgers, sub-ledgers, and specialized ledgers for various accounting purposes.

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