Definition, Meaning & Synonyms
ledger
noun
/ˈlɛdʒər/
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Definition
A ledger is a book or a collection of accounts in which account transactions are recorded.
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Examples
- The accountant updated the ledger with the new transactions.
- Every business should maintain a proper ledger for financial accountability.
- My father has an old ledger that keeps track of all his personal expenses.
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Meaning
It typically refers to an accounting record that tracks financial transactions and helps in maintaining financial order for businesses or organizations.
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Synonyms
- register
- record
- log
- account book
- journal