A statement in a double-entry system in which are recorded all the transactions of one specific class, which takes place during the period is called
- Double entry system
-
Ledger
- Cash Book
- Petty Cash Book
The correct answer is: B
Explanation
A ledger is a separate record within the general ledger that is assigned to a specific asset, liability, equity item, revenue type, or expense type. Examples of ledger accounts are: Cash, Accounts receivable.