general ledger

The central accounting record of a company or organization consisting of the accounts that support the value items shown in the major financial statements.

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  • general ledger — A book or computer file where double entry accounting entries are recorded for a business. Category: Business, LLCs & Corporations → Business Accounting, Bookkeeping & Finances Category: Business Cash Flow Problems & Bankruptcy Category: Business …   Law dictionary

  • General ledger — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …   Wikipedia

  • general ledger — Accounting records that show all the financial statement accounts of a business. Bloomberg Financial Dictionary * * * general ledger general ledger ➔ ledger * * * general ledger UK US noun [C] ACCOUNTING ► the book or part of a computer program… …   Financial and business terms

  • general ledger — noun the ledger that contains all of the financial accounts of a business; contains offsetting debit and credit accounts (including control accounts) • Hypernyms: ↑ledger, ↑leger, ↑account book, ↑book of account, ↑book • Part Meronyms: ↑control… …   Useful english dictionary

  • general ledger — GL A series of *accounts used as the foundation for preparation of *financial statements. The general ledger contains accounts for *assets, liabilities, *equity, *revenue, and *expenditure, and the accounts are traditionally analyzed into a… …   Auditor's dictionary

  • general ledger — An accounting term used to describe the book or other instrument which summarizes an entity s financial accounts. The general ledger is the source from which the entity s trial balance and financial statements are prepared. The general ledger… …   Black's law dictionary

  • general ledger — didžioji knyga statusas T sritis Gynyba apibrėžtis Svarbiausioji buhalterinės apskaitos knyga, kurioje registruojamos visos organizacijos finansinės operacijos. atitikmenys: angl. general ledger ryšiai: susijęs terminas – žurnalas šaltinis NATO… …   Lithuanian dictionary (lietuvių žodynas)

  • General Ledger — A company s accounting records. This formal ledger contains all the financial accounts and statements of a business. The ledger uses two columns: one records debits, the other has offsetting credits …   Investment dictionary

  • general ledger — See: nominal ledger …   Accounting dictionary

  • general ledger — /ˌdʒen(ə)rəl ledʒə/ noun a book which records a company’s income and expenditure in general …   Dictionary of banking and finance

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