The correct answer is A. Ledger.
A journal is a book of original entry in which all financial transactions are recorded in chronological order. It is the first step in the accounting cycle. The other names of journal are day book, journal proper, and book of original entry.
A ledger is a book of secondary entry in which all the transactions recorded in the journal are posted in their respective accounts. It is the second step in the accounting cycle.
A T account is a simple way of representing an account in accounting. It is a two-column account with the debit balance on the left side and the credit balance on the right side.
A cash book is a book of original entry in which all cash transactions are recorded. It is a subsidiary book of the ledger.
Here is a table that summarizes the differences between the four options:
| Option | Description |
|—|—|
| Journal | A book of original entry in which all financial transactions are recorded in chronological order. It is the first step in the accounting cycle. |
| Ledger | A book of secondary entry in which all the transactions recorded in the journal are posted in their respective accounts. It is the second step in the accounting cycle. |
| T account | A simple way of representing an account in accounting. It is a two-column account with the debit balance on the left side and the credit balance on the right side. |
| Cash book | A book of original entry in which all cash transactions are recorded. It is a subsidiary book of the ledger. |