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ledger entry

ledger entry

5.2
A written record in a company's books that shows one financial transaction
  • noun
  • /ˈlɛdʒər ˈɛntri/
  • Specialized
translation icon : asiento contable
  • In reality, all federal tax revenues are collected by the IRS and are deposited in the general fund of the Treasury, with appropriate ledger entries made.

Examples

  • In other words, 100 pounds in gold would be legal security for 1,000 pounds of loan; at 3%, therefore, 100 pounds in gold could earn 30 pounds interest annually with no more trouble to the lender than the keeping of a few ledger entries.

    Blog text (5)
  • I fidgeted to the point that Jamie at last suggested I come and copy ledger entries for him.

    Fiction book (1992)
  • Item Ledger Entry.

    Blog text (22)
  • The accountant carefully updated the ledger entry to reflect the recent sale of office supplies.

  • Each ledger entry must include the date, amount, and description of the transaction for accurate bookkeeping.

  • To track expenses properly, she recorded every ledger entry in the financial software.

Synonyms

entry
vsledger entry
196 2.1

A written note in a book or list

is a specific financial account record showing one commercial transaction
accounting entry
vsledger entry
  • Specialized
1 3.2

A record in a company's books that shows money going in or out

is focused on one commercial transaction with detailed bookkeeping information

How Detailed

ledger entry
  • Specialized
5.2
journal
27 3.6
memo
341 1.8
note
1.0

Surface Forms

ledger entry singular

Morphology

ledger + entry

The meaning is directly compositional: a 'ledger' is a book for recording accounts and an 'entry' is a recorded item, so 'ledger entry' straightforwardly denotes an item recorded in a ledger. This follows normal noun+noun naming patterns (and has clear parallels in other languages), so a B1 learner who knows both constituents will readily infer the meaning.

Etymology

Ledger entry comes from old money records: a ledger was a big book and an entry was one written line showing a single sale or payment. So, a ledger entry means 'a written record' of one transaction in the company's books.