ledger
pronunciation
How to pronounce ledger in British English:
UK [ˈledʒə(r)]
How to pronounce ledger in American English:
US [ˈlɛdʒɚ]
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- Noun:
- a record in which commercial accounts are recorded
- an accounting journal as a physical object
Word Origin
- ledger
- ledger: [15] Etymologically, a ledger is a book that ‘lies’ in one place. The term was used in 15th- and 16th-century English with various specific applications, including a ‘large copy of the Breviary’ (the Roman Catholic service book), and a ‘large register or record-book’ – both big volumes that would not have been moved around much – but it finally settled on the ‘main book in the set of books used for keeping accounts’. It probably comes from Dutch legger or ligger, agent nouns derived respectively from leggen ‘lay’ and liggen ‘lie’ (relatives of English lay and lie).=> lay, lie
- ledger (n.)
- "account book," c. 1400, from leggen "to place, lay" (see lay (v.)). Originally a book that lies permanently in a place (especially a large copy of a breviary in a church). Sense of "book of accounts" is first attested 1580s, short for ledger-book (1550s).
Example
- 1. Cash and bank and general ledger journal must be built .
- 2. When the returned product is re-entered into the inventory ledger , it starts incurring inventory carrying costs , and takes up warehouse space .
- 3. On the spending side of the ledger , I can 't dispute alan 's general notion that the federal government is too big and spends too much money -- we 've agreed on that point since we both worked in the ford administration more than 30 years ago .
- 4. Balance column format : is a standard ledger account form used for posting into .
- 5. Balance the debtor ledger and city ledger .