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GENERAL LEDGER
Pronunciation (US): | (GB): |
I. (noun)
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)