Origin of The Term Ledger
Originally, a ledger was a large volume of scripture/service book kept in one place in church and accessible. According to Charles Wriothesley's Chronicle (1538):
| “ | The curates should provide a booke of the bible in Englishe, of the largest volume, to be a ledger in the same church for the parishioners to read on. | ” |
It is an application of this original meaning that is found in the commercial usage of the term for the principal book of account in a business house.
Read more about this topic: Ledger
Famous quotes containing the words origin of the, origin of, origin, term and/or ledger:
“The real, then, is that which, sooner or later, information and reasoning would finally result in, and which is therefore independent of the vagaries of me and you. Thus, the very origin of the conception of reality shows that this conception essentially involves the notion of a COMMUNITY, without definite limits, and capable of a definite increase of knowledge.”
—Charles Sanders Peirce (18391914)
“There are certain books in the world which every searcher for truth must know: the Bible, the Critique of Pure Reason, the Origin of Species, and Karl Marxs Capital.”
—W.E.B. (William Edward Burghardt)
“High treason, when it is resistance to tyranny here below, has its origin in, and is first committed by, the power that makes and forever re-creates man.”
—Henry David Thoreau (18171862)
“Nois a term very frequently employed by the fair, when they mean everything else but a negative. Their yes is always yes; but their no is not always no.”
—Anonymous, U.S. womens magazine contributor. M, Weekly Visitor or Ladies Miscellany, p. 203 (April 1803)
“In considering the ledger equal, understand the greatest gift you have given your parents is the opportunity to raise you. The things a child gets from parents cant compare to the things a parent gets from raising a child. Only by experiencing this can you understand the degree to which children give meaning to parents lives.”
—Frank Pittman (20th century)