Ledger
Jump to navigation
Jump to search
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 |