As journal entries include all the details, it is not important to add those details in ledger again. This is really helpful to keep your ledger concise and tidy. This means the accounting journal also acts as a reference to your financial statements.
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Answer:
As journal entries include all the details, it is not important to add those details in ledger again. This is really helpful to keep your ledger concise and tidy. This means the accounting journal also acts as a reference to your financial statements.