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:
“In the woods in a winter afternoon one will see as readily the origin of the stained glass window, with which Gothic cathedrals are adorned, in the colors of the western sky seen through the bare and crossing branches of the forest.”
—Ralph Waldo Emerson (18031882)
“The origin of storms is not in clouds,
our lightning strikes when the earth rises,
spillways free authentic power:
dead John Browns body walking from a tunnel
to break the armored and concluded mind.”
—Muriel Rukeyser (19131980)
“Though I do not believe that a plant will spring up where no seed has been, I have great faith in a seed,a, to me, equally mysterious origin for it.”
—Henry David Thoreau (18171862)
“Punks in their silly leather jackets are a cliché. I have never liked the term and have never discussed it. I just got on with it and got out of it when it became a competition.”
—John Lydon (formerly Johnny Rotten)
“Life is constantly providing us with new funds, new resources, even when we are reduced to immobility. In lifes ledger there is no such thing as frozen assets.”
—Henry Miller (18911980)