Ledger in Tamil
Definition:
A ledger is a book or digital record that is used to systematically record and organize financial transactions, accounts, and other financial information. It is a primary bookkeeping record that serves as a permanent record of all financial transactions, including debits, credits, and balances.
In accounting, a ledger typically includes one or more of the following:
* General Ledger: a comprehensive record of all financial transactions, including assets, liabilities, equity, revenues, and expenses.
* Subledgers: smaller ledgers that contain specific information, such as accounts payable, accounts receivable, inventory, or payroll.
* Daybook: a ledger that records all daily transactions, including sales, payments, and receipts.
* Journal: a ledger that records all financial transactions in chronological order.
The purpose of a ledger is to:
* Provide a comprehensive record of all financial transactions
* Help track and manage financial performance
* Facilitate financial analysis and reporting
* Allow for the preparation of financial statements, such as balance sheets and income statements
* Enable the calculation of financial ratios and metrics, such as the current ratio and debt-to-equity ratio.
In modern times, ledgers can also be digital, such as electronic spreadsheets or accounting software, which provide similar functionality to traditional paper ledgers.
Translation of ‘Ledger ‘ in Tamil:
லெட்ஜர்
Examples:
- Here are three unique example sentences using the word “Ledger”:
- 1. The accountant carefully juggled the company’s finances, meticulously recording every transaction in the ledger to ensure accuracy and transparency.
- 2. The detective searched for clues in the old, dusty ledger hidden away in the attic, hoping to crack the code and unravel the mystery.
Synonyms:
“account book” and “book of accounts” may imply a more formal or professional sense, while “journal” and “daybook” may suggest a more personal or informal tone., Here are some synonyms for the word “Ledger”:
1. Account book
2. Record book
3. Journal
4. Daybook
5. Book of accounts
6. Financial record
7. Register
8. Logbook
9. Memorandum book
10. Diary
Note that some of these words may have slightly different connotations or nuances depending on the context in which they are used. For example
Antonyms:
so unaccounted would mean that something is not being tracked or recorded.
3. Discrete: A ledger is a continuous record, so incomplete would be the opposite.
5. Unorganized: A ledger is often organized in a specific way, Here are some antonyms for the word “Ledger”:
1. Non-record: A ledger is a record of financial transactions or accounts, so inconsistent would mean that something is not uniform or predictable.
Note that antonyms can depend on the context in which the word “Ledger” is being used. These antonyms are general suggestions and may not be exact fits for every situation., so discrete would mean separate or individual items that are not connected.
4. Incomplete: A ledger is typically intended to be a complete and accurate record, so a non-record would be the opposite.
2. Unaccounted: A ledger is a way to account for financial transactions, so unorganized would mean that something is not structured or categorized.
6. Hidden: A ledger is typically intended to be visible and accessible, so hidden would mean that something is concealed or not apparent.
7. Inconsistent: A ledger is often a consistent and reliable record
Related Words: