Accounting Dictionary
Ledger
A series of T accounts.
After accountants record the information about accounting transactions in a journal, they transfer that information to a series of T shaped charts. All of those T shaped charts combined are called a ledger. Today most ledgers are kept by computer.
https://accounting.uworld.com/cpa-review/lc/accounting-dictionary/term/ledger/
Sign Up to Learn More!
Join our mailing list today to get notified of new discount offers, course updates, Roger CPA Review news, and more!