- General Ledger
- A company's accounting records. This formal ledger contains all the financial accounts and statements of a business.
The ledger uses two columns: one records debits, the other has offsetting credits.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
general ledger — A book or computer file where double entry accounting entries are recorded for a business. Category: Business, LLCs & Corporations → Business Accounting, Bookkeeping & Finances Category: Business Cash Flow Problems & Bankruptcy Category: Business … Law dictionary
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general ledger — noun the ledger that contains all of the financial accounts of a business; contains offsetting debit and credit accounts (including control accounts) • Hypernyms: ↑ledger, ↑leger, ↑account book, ↑book of account, ↑book • Part Meronyms: ↑control… … Useful english dictionary
general ledger — GL A series of *accounts used as the foundation for preparation of *financial statements. The general ledger contains accounts for *assets, liabilities, *equity, *revenue, and *expenditure, and the accounts are traditionally analyzed into a… … Auditor's dictionary
general ledger — An accounting term used to describe the book or other instrument which summarizes an entity s financial accounts. The general ledger is the source from which the entity s trial balance and financial statements are prepared. The general ledger… … Black's law dictionary
general ledger — didžioji knyga statusas T sritis Gynyba apibrėžtis Svarbiausioji buhalterinės apskaitos knyga, kurioje registruojamos visos organizacijos finansinės operacijos. atitikmenys: angl. general ledger ryšiai: susijęs terminas – žurnalas šaltinis NATO… … Lithuanian dictionary (lietuvių žodynas)
general ledger — noun The central accounting record of a company or organization consisting of the accounts that support the value items shown in the major financial statements. Syn: nominal ledger … Wiktionary
general ledger — See: nominal ledger … Accounting dictionary
general ledger — /ˌdʒen(ə)rəl ledʒə/ noun a book which records a company’s income and expenditure in general … Dictionary of banking and finance