general ledger

noun

: the principal and controlling ledger of a business enterprise containing individual or controlling accounts for all assets, liabilities, net worth items, revenue, and expenses

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Cite this Entry

“General ledger.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/general%20ledger. Accessed 23 Dec. 2024.

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