Ledger financial definition of ledger financial dictionary. Ledger meaning in the cambridge english dictionary. For example, the purchases or creditors ledger would show the value of raw materials. A book in which the monetary transactions of a business are posted in the form of debits and credits.
Ledger definition is a book containing accounts to which debits and credits are posted from books of original entry. The only evidence that the customer owes you money is the entry in your ledger and a receipt signed by the customer. Journal in which all cash receipts and payments including bank deposits and withdrawals are recorded first, in chronological order, for posting to general ledger. Also called book of final entry, a ledger records classified and summarized financial information from journals the. In larger firms, it is commonly divided into two parts. A very talented, devastatingly gorgeous, australian who died tuesday, jan. You can complete the definition of ledger given by the english definition dictionary with other english dictionaries. Define ledger by websters dictionary, wordnet lexical database, dictionary of computing.
Therefore, the term ledger, can be used to describe someone who is good at gaming. This list of accounts is most often called the chart of accounts. Ledger definition, an account book of final entry, in which business transactions are recorded. A book where journal entries are made documenting transactions or receipts and disbursements of money or property. A ledger is a written or computerized record of all the transactions a business has completed. Its a book for keeping track of expenses, profits, and other financial matters.
A ledger is a book in which a company or organization writes down the amounts of money it. Ledger article about ledger by the free dictionary. Ledger noun definition and synonyms macmillan dictionary. The definition of a ledger is a flat stone that covers a grave, or a book that bookkeepers use for entering debits and credits. Also called book of final entry, a ledger records classified and summarized financial information from journals the books of first entry as debits and credits, and shows their current balances.
Change your default dictionary to american english. Ledger legal definition of ledger legal dictionary. A book to which the record of accounts is transferred as final entry from original postings. General ledger a record of all of a companys financial statements. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. In manual accounting systems, a ledger is usually a loose. Search ledger line and thousands of other words in english definition and synonym dictionary from reverso. A ledger is an accounting journal used to keep track of money.
Define ledger book by websters dictionary, wordnet lexical database, dictionary of computing, legal dictionary, medical dictionary, dream dictionary. Account book definition is a book in which accounts are kept. Ledger definition for englishlanguage learners from. Ledger book legal definition of ledger book legal dictionary. Ledger definition and meaning collins english dictionary. The principal book of accounts of a business enterprise in which all the daily transactions are entered under appropriate headings to reflect the debits and credits of each account. Synonyms for ledger at with free online thesaurus, antonyms, and definitions. Definition of ledger written for english language learners from the merriamwebster learners dictionary with audio pronunciations, usage examples, and countnoncount noun labels. The name of a book kept in the prerogative courts in england. A book of accounts in which a trader enters the names of a. Englishgerman online dictionary developed to help you share your knowledge with others. For example, the purchases or creditors ledger would show the value of raw materials or services purchased from each supplier, payments made to suppliers for these, and any amounts still owing to suppliers. You can complete the definition of ledger line given by the english definition dictionary with other english dictionaries.
These transactions are recorded in the ledger in different accounts. Wikipedia, lexilogos, oxford, cambridge, chambers harrap, wordreference, collins lexibase dictionaries, merriam webster. The principal book of accounts of a business enterprise in which all the daily transactions are entered under appropriate headings to reflect the debits and credits of each account information that is contained in a ledger can be admitted into evidence in a lawsuit pursuant to the business record exception of the hearsay rule ledger, commerce, accounts, evidence. Ledger definition in the cambridge english dictionary. Commercial sense of book of accounts is first attested 1580s, short for ledgerbook 1550s. A ledger is a book in which a company or organization writes down the amounts of money that it spends and receives. Delbert trew reflects on the stories told by a ranch ledger book covering 194757. Stock book definition, a permanent record of the capital stock of a corporation, listing the names and addresses of the stockholders, the number of the shares owned, the serial numbers of their stock certificates, etc. Ledger definition of ledger by websters online dictionary. There is a subsidiary ledger that contains the detailed, customer account balances for. It is considered as a roll of the court, but, it seems, it cannot be read in evidence.
We maintain a ledger of money and goods coming in and going out. Account book definition of account book by merriamwebster. Search ledger and thousands of other words in english definition and synonym dictionary from reverso. With nounverb tables for the different cases and tenses links to audio pronunciation and relevant forum discussions free vocabulary trainer. Translation for ledger in the free englishspanish dictionary and many other spanish translations. Find words for ledger in spanish in this spanishenglish dictionary. Ledger definition of ledger by the free dictionary.
Define ledger by websters dictionary, wordnet lexical database, dictionary of computing, legal dictionary, medical dictionary, dream dictionary. There is a subsidiary ledger that contains the detailed, customer account balances for the general ledger account accounts receivable. A horizontal timber in a scaffold, attached to the uprights and supporting the. Collection of an entire group of similar accounts in doubleentry bookkeeping. Definition and synonyms of ledger from the online english dictionary from macmillan education. Cash book is regularly reconciled with the bank statements as an internal auditing measure.
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