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- Dictionaryledger/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.
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LEDGER definition: 1. a book in which things are regularly recorded, especially business activities and money received…. Learn more.
Jul 5, 2024 · A ledger is a book or digital record that stores bookkeeping entries. The ledger shows the account’s opening balance, all debits and credits to the account for the period, and the ending balance.
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.
The meaning of LEDGER is a book containing accounts to which debits and credits are posted from books of original entry. How to use ledger in a sentence.
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.
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.
Ledger definition: an account book or digital file of final entry, in which business transactions are recorded. See examples of LEDGER used in a sentence.
LEDGER meaning: 1. a book in which things are regularly recorded, especially business activities and money received…. Learn more.
A ledger is a book in which a company or organization writes down the amounts of money that it spends and receives.
noun. /ˈledʒə (r)/ /ˈledʒər/ a book or electronic document in which a bank, a business, etc. records the money it has paid and received. to enter figures in the purchase/sales ledger. Word Origin. Want to learn more?
