Difference Between Ledger And Chart of Accounts
A Ledger shows details of b oth perma nent and temporary accounts w hile a chart of accou nts list all of t h e accou nts’number alongwit h t h eir account’s names. A c hart of accou nt is applicab le i n accounting software in order to easily check a nd access Accounts on an accounting system w hile a ledger is prepared to show details of differe n t types of accou nts separately usually on manual accounting system. So, a c hart of accou nts provide additional numb eri ng system to access and c heck all accou nts in a computerized accounting system w hile a ledger shows just details of accou nts for a accounting period usually in manual system.