« Back to Glossary Index

A ledger is a record of all financial transactions which cannot be altered. It can only be updated with new transactions. Each account consists of an opening or carry-forward balance, would record transactions as either a debit or credit in separate columns and the ending or closing balance.

« Back to Glossary Index

Check Also


7 Best VPN For Streaming: Enjoy Your Shows From Anywhere

Isn’t it frustrating when you just want to kick back and watch your favorite shows …