book of account

Other forms: books of account

Definitions of book of account

1. noun

   a record in which commercial accounts are recorded
   synonyms: account book, book, ledger, leger

   types:

   cost ledger

   ledger showing the accumulated costs classified in various ways

   general ledger

   the ledger that contains all of the financial accounts of a business; contains offsetting debit and credit accounts (including control accounts)

   subsidiary ledger

   details of an account supporting the amount stated in the general ledger

   daybook, journal

   a ledger in which transactions have been recorded as they occurred

   type of:

   record

   a document that can serve as legal evidence of a transaction