English Dictionary |
GENERAL LEDGER
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Dictionary entry overview: What does general ledger mean?
• GENERAL LEDGER (noun)
The noun GENERAL LEDGER has 1 sense:
1. the ledger that contains all of the financial accounts of a business; contains offsetting debit and credit accounts (including control accounts)
Familiarity information: GENERAL LEDGER used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
The ledger that contains all of the financial accounts of a business; contains offsetting debit and credit accounts (including control accounts)
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("general ledger" is a kind of...):
account book; book; book of account; ledger; leger (a record in which commercial accounts are recorded)
Meronyms (parts of "general ledger"):
control account (an account that shows totals of amounts entered in a subsidiary ledger)
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