ledger

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Related to ledgers: general ledger, trial balance

Ledger

The principal book of accounts of a business enterprise in which all the daily transactions are entered under appropriate headings to reflect the debits and credits of each account.

Information that is contained in a ledger can be admitted into evidence in a lawsuit pursuant to the business record exception of the Hearsay rule.

ledger

noun account book, account of transactions, accounts, balance sheet, bankbook, book of accounts, book of records, books, calculation, cashbook, codex accepti et expensi, computation, daybook, diary, entries, file, index, log, logbook, passbook, profit and loss statement, record, record book, record of credits and debits, record of money transactions, register, registry, running account, statement
See also: account, journal, register, roll

LEDGER, commerce, accounts, evidence. A book in which are inscribed the names of all persons dealing with the person who keeps it, and in which there is a separate account, composed generally of one or more pages for each. There are two parallel columns, on one of which the party named is the debtor, and on the other the creditor, and presents a ready means of ascertaining the state of the account. As this book is a transcript from the day book or journal, it, is not evidence per se.

References in classic literature ?
Entered both gentlemen in my Ledger, and opened a running account with each.
I cannot imagine you sitting in an office over a ledger, and do you wear a tall hat and an umbrella and a little black bag?
When I give a vote I must know what I am doing; I must look to what will be the effects on my till and ledger, speaking respectfully.
There were sheets of paper still lying about covered with figures, a brass-bound ledger lay open at the further end of the table, In the background a young man, slim, pale, ill-dressed in sober black, was filling a large tin box with documents and letters.
You pull down your ledger, sign your name, and you can strike a blow as deadly as any we can conceive.
Me for the counting-house and ledger, the monthly salary, and the little home with Ruth.
He had a thick ledger lying open before him, and with the fingers of his right hand inserted between the leaves, and his eyes fixed on a very fat old lady in a mob-cap--evidently the proprietress of the establishment--who was airing herself at the fire, seemed to be only waiting her directions to refer to some entries contained within its rusty clasps.
by 1 Grey Fox 0--2--3"; they are not now found here; and in his ledger, Feb, 7th, 1743, Hezekiah Stratton has credit "by 1/2 a Catt skin 0--1--4+"; of course, a wild-cat, for Stratton was a sergeant in the old French war, and would not have got credit for hunting less noble game.
The remainder was credited to her and debited to somebody else's account in the ledger kept by G-- Oh, primal energy, you say, Reverend Doctor--Well then, in the Ledger of Primal Energy.
whose yellow face was over a ledger, at which sate a demure clerk, happened to be in the banking-room when George entered.
I banish the false wretch from this moment, and I strike him out of my Cupidon (my name for my Ledger, my dear,) this very night.
From this ledger he drew forth a couple of whiplashes, three or four buckles, a little sample-bag of corn, and, finally, a small roll of very dirty bank-notes, from which he selected the required amount, which he handed over to Sam.