🤔 Ever wondered how banks keep track of everything? Central ledgers are the backbone, recording every transaction and keeping tabs on who owns what.

🎯Central ledgers are record systems, like a big book for tracking financial transactions. They show who owns what and how much. Banks and accounting departments use them.

☝️ Essentially, every transaction is documented (debited or credited) to keep track of the flow of money or assets. A bank is responsible for keeping everything accurate and balanced.

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