Ledger

For other uses, see Ledger (disambiguation).
Macon-Knoxville, GA Store Ledger, 1825–1831.

A ledger[1] is a book or collection of accounts in which accounting transactions are recorded. Each account has:

  • an opening or brought-forward balance;
  • a list of transactions, each recorded as either a debit or credit in separate columns (usually with a counter-entry on another page)
  • and an ending or closing, or carry-forward, balance.
  1. ^ From the English dialect norms liggen or leggen, to lie or lay; in sense adapted from the Dutch substantive legger