ledger

(redirected from ledgers)
Also found in: Dictionary, Thesaurus, Legal, Encyclopedia.
Related to ledgers: general ledger, trial balance

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 ?
Distributed Ledgers are collections of replicated, shared, and synchronized digital records that are stored across multiple sites.
Also known as distributed ledger technology (DLT), it is a shared record of information that is maintained and updated by a network of computers.
Specifically, this Note proposes that decentralized public securities ledgers will enable private shareholders to more fully access the protections of Sections 11 and 12(a)(2) of the Securities Act of 1933 in cases of securities fraud.
The ledgers account for what appears to be almost every purchase, with tallies for daily totals, for "Mr.," "Mrs.," and each of two children (the firstborn's account opens with an entry for "hospital and doctor"; apparently the second was born at home).
Notice that in this example I said "fair," not "even." One of the interesting things about our family ledgers is that they can be in balance without necessarily being even.
So the challenge to hackers would be to change all events that have recorded from a previous point in time in 51 per cent of ledgers across the world in a small amount of gap before reconciliation takes place again.
Public distributed ledgers like the blockchain supporting bitcoin have drawbacks that make them unsuitable for financial firms' needs, according to analysts from Corporate Insight.
Before I begin my analysis of the visual and discursive rhetoric of "The Black Horse Ledger," it is useful to consider a brief history of ledgers, their treatment in academia, and what separates this Northern Cheyenne history from other ledger histories, in particular the most widely known and studied, the ledger art produced by southern Plains Indians imprisoned at Fort Marion, Florida, from 1875 to 1878.
The Ledgers issued a statement today to distance his immediate family, close friends and associates from Janet Fife-Yeomans book 'Heath: A Family's Tale', published by Murdoch Books.
The technical reference for the engineering design of connections in wood construction is the National Design Specification for Wood Construction (NDS) (AF&PA 2005); however, commonly accepted means of connecting deck ledgers to band joists fall outside the scope of the NDS.
This can result in artificially low results regarding program and policy aggregates, maximum premiums, escrow/working funds and collateral amounts, as well as incorrect accounting ledgers. All of these outcomes will lead to bad underwriting results, poor cash flow and low collection rates.