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WebDefinition of General Ledger Account A general ledger account is an account or record used to sort, store and summarize a company's transactions. These accounts are arranged in the general ledger (and in the chart of accounts) with the balance sheet accounts appearing first followed by the income statement accounts. Webnoun 1 : stores ledger 2 : a book kept by a corporation in which are entered the names of the stockholders and the amount of the holding of each and sometimes other particulars Love words? You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary. islands near fort myers

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Webstores ledger. noun. a record kept of the amount, type, etc., of raw materials and supplies on hand, as in a manufacturing plant. There are grammar debates that never die; and the … WebBlockchain defined: Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding). Webnoun. Bookkeeping. an account book or digital file of final entry, in which business transactions are recorded: The Controller must oversee, review, and approve of all posting … keywatcher truetouch manual