There are ________ predefined ledgers A. One B. Three C. Two D. Four

The correct answer is C. Two.

The two predefined ledgers are:

• General Ledger – This is the main ledger where all transactions are recorded.
• Subledger – This is a subsidiary ledger that is used to track specific types of transactions, such as accounts payable or accounts receivable.

The other options are incorrect because:

• Option A is incorrect because there are two predefined ledgers, not one.
• Option B is incorrect because there are two predefined ledgers, not three.
• Option D is incorrect because there are two predefined ledgers, not four.