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 ?
Ledgering is a must, but spinning is proving a very useful alternative.
The cold snap sent fish deep with sinking lines and ledgering tactics being used by most rods.
Despite the blustery conditions, anglers enjoyed fine sport at Fontburn with ledgering tactics proving most effective.
Bait anglers for the most part have had to look for deeper water where ledgering tactics with power-bait and magic dust have produced the best results.
Local reservoirs have produced some good sport too with bait anglers doing well at distance and with ledgering tactics.
Marske angler John Martins and his son Keith, of Saltburn, both had a fantastic day at the east end, ledgering with Yellow and Chartreuse PowerBait Eggs and managing to catch their eight fish limits.
Some matches still went ahead on Sunday, with lines freezing and iced floats making ledgering the option.
Fly anglers have enjoyed good success using patterns such as Cats Whiskers, White Snakes and Viva Blobs while multi-bait anglers have found ledgering tactics with power-bait and magic dust to be the top fish catchers.
FONTBURN RESERVOIR 01669 621368/ SatNav NE614PL 267 anglers caught 779 trout in a week when ledgering proved to be the best method.
Adam Gill from Skelton netted a cracking 6lb rainbow by ledgering with maggot and PowerBait Eggs at the west end of the Dam Wall.
Anglers using ledgering tactics did best with a cocktail of baits such as worm tipped with a PowerBait Eggs.