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General Ledger

   Also found in: Dictionary/thesaurus, Acronyms, Wikipedia 0.01 sec.
General Ledger
A company's accounting records. This formal ledger contains all the financial accounts and statements of a business.

Notes:
The ledger uses two columns: one records debits, the other has offsetting credits.


General ledger
Accounting records that show all the financial statement accounts of a business.


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