Ledger stone financial definition of Ledger stone
ledger (redirected from Ledger stone)
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ledger the ACCOUNTING records that keep a note of a firm's day-to-day financial transactions with outside parties. 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. Similarly, the sales or DEBTORS ledger would show the value of goods or services sold to each customer, amounts they have paid for these, and any amounts still owed by customers. In former times such ledger accounts took the form of bound ledgers in which entries were recorded by hand; nowadays they are generally kept as computer records. Fig. 50 shows the main ledger accounts. See DOUBLE-ENTRY ACCOUNTS.
References in periodicals archive
His ledger stone
is near the place where Earl Attlee's ashes were interred at a memorial service attended by Harold Wilson as Prime Minister in 1967.
20THERE is only one ledger stone
to a woman in her own right.
The poet, who died in 1985, will be given a memorial ledger stone
near the tombs of fellow literary giants Geoffrey Chaucer and Charles Dickens.