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FAQs
What happens if your ledger breaks? ›
In the event that your Ledger device is not operational, you have two main options: Purchase a new Ledger device and use your SRP to restore and access your assets. This is the recommended course of action. Then, restore your device by entering your existing SRP.
How to fill in a general ledger? ›When creating a general ledger, divide each account (e.g., asset account) into two columns. The left column should contain your debits while the right side contains your credits. Put your assets and expenses on the left side of the ledger. Your liabilities, equity, and revenue go on the right side.
What happens after 3 attempts on Ledger? ›You have three attempts to enter your PIN code correctly on your Ledger device. After three incorrect attempts, your device will factory reset, and you can only restore it using your secret recovery phrase.
What happens if I lose my Ledger recovery phrase? ›If you have lost your secret recovery phrase and no longer have access to your PIN code, or if your Ledger device has reset and you don't have your recovery phrase, unfortunately, it is impossible to recover your assets. Ledger is unable to retrieve your recovery phrase or PIN code for you.