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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.
Jun 10, 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.
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.
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.
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.
Nov 8, 2023 · What is a Ledger? A ledger is a book or database in which double-entry accounting transactions are stored and summarized. This ledger is the central repository of information needed to construct the financial statements of an organization. It is also a key source of information for auditors.
Definition of ledger noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
