A ledger or lieger (from the English English is a West Germanic language that developed in England during the Anglo-Saxon era. As a result of the military, economic, scientific, political, and cultural influence of the British Empire during the 18th, 19th, and early 20th centuries and of the United States since the mid 20th century, it has become the lingua franca in many parts of dialect forms liggen or leggen, to lie or lay; in sense adapted from the Dutch Dutch ( Nederlands ) is a West Germanic language spoken by over 22 million people as a native language, and over 5 million people as a second language. Most native speakers live in the Netherlands, Belgium, and Suriname, with smaller groups of speakers in parts of France, Germany and several former Dutch colonies. It is closely related to other substantive logger), is the principal book A book is a set or collection of written, printed, illustrated, or blank sheets, made of paper, parchment, or other material, usually fastened together to hinge at one side. A single sheet within a book is called a leaf, and each side of a leaf is called a page. A book produced in electronic format is known as an e-book for recording transactions. Originally, the term referred to a large volume of Scripture Scripture is that corpus of literature deemed authoritative for establishing doctrine within any of a number of specific religious traditions, especially the Abrahamic religions. Such bodies of writings are also sometimes known as the canon of scripture. They are often associated with the belief that they were either given directly, or otherwise/service book kept in one place in church and accessible.
According to Charles Wriothesley's Chronicle Generally a chronicle is a historical account of facts and events ranged in chronological order. Typically, equal weight is given for historically important events and local events, the purpose being the recording of events that occurred, seen from the perspective of the chronicler. This is in contrast to a narrative or history, which sets (1538):
- the curates should provide a booke of the bible in Englishe, of the largest volume, to be a lidger in the same church for the parishioners to read on.
It is an application of this original meaning that is found in the commercial usage of the term for the principal book of account in a business house, the general ledger The general ledger, sometimes known as the nominal ledger, is the main accounting record of a business which uses double-entry bookkeeping. It will usually include accounts for such items as current assets, fixed assets, liabilities, revenue and expense items, gains and losses or nominal ledger The general ledger, sometimes known as the nominal ledger, is the main accounting record of a business which uses double-entry bookkeeping. It will usually include accounts for such items as current assets, fixed assets, liabilities, revenue and expense items, gains and losses (see also bookkeeping Bookkeeping is the recording of financial transactions. Transactions include sales, purchases, income, and payments by an individual or organization. Bookkeeping is usually performed by a bookkeeper. Bookkeeping should not be confused with accounting. The accounting process is usually performed by an accountant. The accountant creates reports from) and also in the terms purchase ledger and sales ledger.
Categories: Accountancy journals and ledgers
