Ledger

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Description

An accounting system includes a separate record for each item that appears in the financial statements. Collectively, these records are referred to as a company's ledger. Individually, these records are often referred to as ledger accounts.

Concept Prerequisite

Wikipedia Reference

http://en.wikipedia.org/wiki/Ledger

Learning Material

Covered in Topic(s)

 
The Accounting Cycle: Capturing Economic Events