Information AboutLedger |
| CATEGORIES ABOUT LEDGER | |
| generally accepted accounting principles | |
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According to Charles Wriothesley 's '' Chronicle '' (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 or Nominal Ledger (see also Bookkeeping ) and also in the terms Purchase Ledger and Sales Ledger . Apart from these applications to various forms of books, the word is used for
In the form "lieger", the term was formerly frequently applied to a "resident", as distinguished from an "extraordinary" Ambassador . |
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