LEDGER

in accounting, the book of final entry, where the chronological record of a business' transactions previously entered in a journal or daybook (book of original entry) are now posted under specific accounts. These accounts are usually in alphabetical order in the ledger and of four main categories: income, expenditures, assets and liabilities.

(bookkeeping) a book in which a record of debits, credits, and all money transactions is kept. The left-hand column of a ledger would record money owed. Used figuratively in this lecture. —Academy Level 0 Glossary Approved 3-12-90

(bookkeeping) a book in which a record of debits, credits, and all money transactions is kept. The left-hand column of a ledger would record money owed. Used figuratively in this lecture. (bookkeeping) a book in which a record of debits, credits and all money transactions is kept. The left-hand column of a ledger would record money owed. Used figuratively in this lecture. Now, those are the blokes you're talking to when you say, 'Add up the left-hand column of the ledger." -Auditing Comm Cycles (6 Aug. 63)