Define Ledger balance. Ledger balance synonyms, Ledger balance pronunciation, Ledger balance translation, English dictionary definition of Ledger balance. n. One that keeps, audits, and inspects the financial records of individuals or business concerns a
Related to ledger:general ledger,Ledger balance ledg·er (lĕj′ər) n. 1. a.A book in which the monetary transactions of a business are posted in the form of debits and credits. b.A book to which the record of accounts is transferred as final entry from original postings. ...
ledger Dictionary Thesaurus Legal Idioms Encyclopedia Wikipedia Related to ledger:general ledger,Ledger balance General Ledger A record of all of a company'sfinancial statements. It contains two columns: one forcreditsand one fordebits. See also:Balance sheet. ...
The meaning of TRIAL BALANCE is a list of the debit and credit balances of accounts in a double-entry ledger at a given date prepared primarily to test their equality.
LedgerAllocationBasisRuleEntity LedgerAllocationBasisRuleSourceEntity LedgerAllocationEntity LedgerAllocationRuleDestinationEntity LedgerAllocationRuleEntity LedgerAllocationRuleSourceEntity LedgerAutomaticTransactionAccountEntity LedgerBalanceControlEntity LedgerBalanceSheetDefinitionEntity LedgerCha...
Discover the chart of accounts and ledger accounting definitions. Learn about the different ledgers and account types, as well as the chart of accounts numbering system. Updated: 11/21/2023 Table of Contents Ledger in Accounting: Definition Chart of Accounts: Definition Types of Ledgers Types of...
SpinCo Balance Sheetmeans the pro forma combined balance sheet of the SpinCo Business, including any notes and subledgers thereto, as of June 30, 2018, as presented in the Information Statement made available to the Record Holders. Non-Consolidation Opinionmeans that certain substantive non-consolid...
Private Ledger: The ledger in which entries concerned with assets and liabilities are entered is called Private Ledger. Ledger is the King of all Books and that is why it is also known as the book of final entry wherein account-wise balance of each account is ascertained. It helps in the...
What is a Trial Balance? A trial balance serves as a comprehensive snapshot, meticulously cataloging the balances of every account housed within a company's general ledger at a specific moment. Among the myriad entries captured in this document are the critical pillars of accounting: assets, liab...
balance worksheet. Furthermore, some accounts may have been used to record multiple business transactions. As a result, theending balance of each ledgeraccount as shown in the trial balance worksheet is the sum of all debits and credits that have been entered to that account based on all ...