What is Ledger Balance ??

I really want to know about ledger balance please explain me.

Henry Brown Trainee Asked on November 1, 2014 in Banking Services.
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The ledger balance is found by subtracting the total number of debits from the total number of credits for a given accounting period. The ledger balance is used solely in the reconciliation of book balances.

Nielgrey Trainee Answered on November 1, 2014.
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