ledger

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General Ledger

A record of all of a company's financial statements. It contains two columns: one for credits and one for debits. See also: Balance sheet.

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 ?
Despite the blustery conditions, anglers enjoyed fine sport at Fontburn with ledgering tactics proving most effective.
The more successful anglers tend to keep a finger on the line when ledgering, to aid bite detection in swirling water.
Local reservoirs have produced some good sport too with bait anglers doing well at distance and with ledgering tactics.
Some matches still went ahead on Sunday, with lines freezing and iced floats making ledgering the option.
The most productive method for bait anglers is ledgering on or very close to the bottom with worm or Powerbait, with orange the best colour.
FONTBURN RESERVOIR 01669 621368/ SatNav NE614PL 267 anglers caught 779 trout in a week when ledgering proved to be the best method.
Anglers using ledgering tactics did best with a cocktail of baits such as worm tipped with a PowerBait Eggs.
This in turn has pushed the fish deeper which has meant those anglers using ledgering techniques have had the best results.