Define: Ledger

UK Accounting Glossary

Definition: Ledger


Quick Summary of Ledger


Books that contain all the details of financial accounts. There are three types of ledgers: the general ledger, the accounts receivable ledger, and the accounts payable ledger.




What is the dictionary definition of Ledger?

Dictionary Definition


1. A book for keeping notes, especially one for keeping accounting records.
2. accounting A collection of accounting entries consisting of credits and debits.
3. construction A board attached to a wall to provide support for attaching other structural elements (such as deck joists or roof rafters) to the building.

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Full Definition of Ledger


Books that contain all the details of financial accounts. There are three types of ledgers: the general ledger, the accounts receivable ledger, and the accounts payable ledger. The general ledger includes all the financial details from every business transaction, for each account listed in the charts of accounts. The other two include details relating to accounts receivable and accounts payable.


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Ledger FAQ's



Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/ledger/
Modern Language Association (MLA):
Ledger. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 21, 2019 https://payrollheaven.com/define/ledger/.
Chicago Manual of Style (CMS):
Ledger. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/ledger/ (accessed: November 21, 2019).
American Psychological Association (APA):
Ledger. PayrollHeaven.com. Retrieved November 21, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/ledger/

Definition Sources


Definitions for Ledger are sourced/syndicated from:


This glossary post was last updated: 26th December 2018.