• Frequency of Use
    40 %
  • Retention Rate
    60 %
  • Complexity
    50 %
  • Ledger Meanings

    noun a book or other collection of financial accounts of a particular type

    Fields related to ledger

    Finance

    Ledgers are used in finance to keep track of financial transactions and account balances.

    Business

    In business, ledgers are used to maintain accurate records of financial transactions and balances.

    Accounting

    In accounting, a ledger is a book or computer file where financial transactions are recorded.

    Banking

    Banks use ledgers to track deposits, withdrawals, and other financial activities of their customers.

    Auditing

    Auditors rely on ledgers to verify the accuracy and completeness of financial records.

    Bookkeeping

    Ledgers play a crucial role in bookkeeping by recording all financial transactions for an organization.

    Occupation Usage of ledger

    Writer

    In the financial industry, a ledger is used to record all financial transactions for a business or individual. Writers may use ledgers to track royalties, expenses, and income related to their work.

    Psychologist

    Psychologists may use ledgers to track client payments, expenses related to running their practice, and other financial transactions. This helps them maintain accurate records for tax purposes and financial planning.

    Accountant

    Accountants use ledgers extensively in their work to record and track financial transactions for businesses and individuals. Ledgers help accountants prepare financial statements, analyze financial data, and ensure accurate record-keeping.

    Small Business Owner

    Small business owners often use ledgers to track income, expenses, accounts payable, and accounts receivable. Ledgers help them monitor cash flow, prepare financial reports, and make informed business decisions.

    Auditor

    Auditors use ledgers to review and verify the accuracy of financial records for businesses and organizations. Ledgers provide auditors with a detailed account of financial transactions, making it easier to identify errors or discrepancies.

    Consolidated Statistics about ledger

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