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इंडियन गवर्नमेंट एग्जाम प्रेप

Collection of ledgers of same nature is called

A Vouchers
B Asset
C Group
D None of these
Correct Answer: C
Solution & Explanation

Group are collection of ledgers of the same nature. An account group is a method of coordinating ledger accounts into a tree structured hierarchy. Each account group is component of either assets, liabilities, income and expenditure.

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