Question

The ledger is __________. options: a group of accounts that records data from business transactions a tool used to make sure that all accounts have normal balances a chronological record of the day's transactions a tool used to ensure that debits equal credits

Answer 1

The correct answer is actually, A. a group of accounts that records data from business transactions

Step-by-step explanation:

Ledger

A group of accounts that records data from business transactions.

Straight from my book in Accounting. =D

Answer 2

Ledger is a book of accounts listing their names and debits and credits.

Answer is going to be B.

Hope it helped you.

-Charlie