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Which statement is correct regarding the format of a ledger account?a)It has only one side for recording transactions.b)It typically uses the 'T' format with a debit side and a credit side.c)It has no columns for date or particulars.d)It only records real accounts.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which statement is correct regarding the format of a ledger account?a)It has only one side for recording transactions.b)It typically uses the 'T' format with a debit side and a credit side.c)It has no columns for date or particulars.d)It only records real accounts.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which statement is correct regarding the format of a ledger account?a)It has only one side for recording transactions.b)It typically uses the 'T' format with a debit side and a credit side.c)It has no columns for date or particulars.d)It only records real accounts.Correct answer is option 'B'. Can you explain this answer?.

Solutions for Which statement is correct regarding the format of a ledger account?a)It has only one side for recording transactions.b)It typically uses the 'T' format with a debit side and a credit side.c)It has no columns for date or particulars.d)It only records real accounts.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

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