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单词 self-balancing ledger
释义

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self-balancing ledger
b. Accounting and Bookkeeping. Designating an account, ledger, or accounting system constructed so that the debit side of the accountable items should always balance the credit side due to double entry of each transaction (see double entry n. at double adj.1 and adv. Compounds 1), thereby allowing any accounting errors to be easily identified. Also: forming a component of or employing such an accounting system. Frequently in self-balancing ledger.
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society > trade and finance > management of money > keeping accounts > [noun] > book-keeping > methods of
double entry1721
single entrya1831
self-balancing1854
T account1936
LIFO1945
fifo1975
1854 Pop. Educator IV. 214/2 All the self-balancing accounts being closed up, the Trial Balance is now to be made out.
1883 Amer. Counting-room Sept. 147/2 The modern devices of slip-posting, impression-copying and self-balancing ledgers are used in combination.
1898 S. S. Dawson Accountant's Compend. 350/2 In a system of controlling accounts it is possible to render each Ledger self-balancing.
1922 F. W. Pixley Accountant's Dict. II. 856/2 It is possible, even where no adequate system of Self-Balancing Ledgers has been instituted..to balance the ledgers..separately.
1991 Gazette (Cedar Rapids, Iowa) 17 Mar. 19 a/5 In the public sector, each fund has its own self-balancing ledger.
2003 M. H. Granof & P. S. Wardlow Core Concepts Govt. & Not-for-profit Accounting ii. 21 Each fund has its own self-balancing set of accounts from which separate financial statements can be prepared.
extracted from self-balancingadj.
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