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  1. Dictionary
    ledger
    /ˈlɛdʒə/

    noun

    • 1. a book or other collection of financial accounts: "the total balance of the purchases ledger"
    • 2. a flat stone slab covering a grave: "the ledger stone of William Averie"

    verb

    • 1. fish using a ledger.

    More definitions, origin and scrabble points

  2. A ledger in accounting refers to a book that contains different accounts where records of transactions pertaining to a specific account is stored. It is also known as the book of final entry or principal book of accounts. It is a book where all transactions either debited or credited are stored.

  3. Jun 14, 2023 · The ledger is the principal book of accounts in which transactions of a similar nature relating to a particular person or thing are recorded in classified form. Also known as the general ledger, the ledger is a book in which all accounts relating to a business enterprise are kept.

  4. A ledger in accounting is also known as the principal book of accounts as well as the book of final entry. Ledger is a book in which all accounts are maintained

  5. Sep 14, 2023 · A Ledger is a date-wise record of all the transactions related to a particular account. Ledgers are crucial sources of financial records. A ledger is formed after the journal and is the secondary step of bookkeeping.

  6. Definition: A ledger is a written or computerized record of all the transactions a business has completed. These transactions are recorded in the ledger in different accounts. This list of accounts is most often called the chart of accounts.

  7. 1. a. : a book containing accounts to which debits and credits are posted from books of original entry. Psmith, perched gracefully on a stool, entered figures in a ledger. P. G. Wodehouse. b. : a digital record that is used similarly to an accounting ledger (as for maintaining a list of transactions)

  8. LEDGER definition: 1. a book in which things are regularly recorded, especially business activities and money received…. Learn more.

  9. Apr 11, 2024 · An accounting ledger refers to a financial record book where accounting transactions are recorded. A ledger holds the accounts for a business or individual so that they can keep track of their financial situation. It is considered to be the single source of truth when it comes to finances.

  10. en.m.wikipedia.org › wiki › LedgerLedger - Wikipedia

    The ledger is a permanent summary of all amounts entered in supporting journals (day books) which list individual transactions by date. Usually every transaction, or a total of a series of transactions, flows from a journal to one or more ledgers.

  11. Jul 8, 2024 · A ledger is a book or database in which double-entry accounting transactions are stored and summarized. The information stored in a ledger comes from a source document, such as cancelled checks, credit memos, deposit slips, expense reports, invoices, material requisition forms, purchase orders, time cards, and sales receipts.