Liability Ledger

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Dictionary Says

Definition of 'Liability Ledger'

The central file that contains a comprehensive list of all of a bank's loans and borrower discounts. This ledger can be subordinate to a bank's general ledger accounting system that is stored on computer. The liability ledger is stored in the bank's loan department.
Investopedia Says

Investopedia explains 'Liability Ledger'

The sum total of all of the loans on a bank's liability ledger constitute the majority of a bank's earning assets. If the liability ledger is not computerized, then it is stored on individual ledger cards for each customer. However, this practice has become largely obsolete.
Search results for

'Liability Ledger'

  • What's Your Net Worth Telling You?

    http://www.investopedia.com/articles/pf/08/ideal-net-worth.asp
    ... On the other side of ledger are your debts. Credit cards, car loans, home mortgages
    and business loans all fall into this category. The liability side of the ...

  • Inaccurate Tax Return, Now What?

    http://www.investopedia.com/articles/pf/09/inaccurate-tax-return.asp
    ... Not filing a return when a refund is due; Not checking liability for the ... articles
    have been published in newspapers, such as the New Jersey Star-Ledger and the ...

  • Can You Handle A Home-Based Business?

    http://www.investopedia.com/articles/pf/08/handle-home-business.asp
    ... the business will be a sole proprietorship, partnership, limited liability company
    (LLC ... been published in newspapers, such as the New Jersey Star-Ledger and the ...

  • Why do accountants use debits and credits instead of simple pluses ...

    http://www.investopedia.com/ask/answers/04/072304.asp
    ... Let's review the basics of Pacioli's method of bookkeeping. On a balance
    sheet or in a ledger, assets = liabilities + owner's equity. ...

  • Pros And Cons Of US Exchange Traded Funds - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1211/Pros-And-Cons-Of-U.S.-Exchange-Traded-Funds.aspx
    ... If there is no such sale, there is no capital gains tax liability incurred. ... On the
    negative side of the ledger are ETFs which trade frequently, incurring ...

  • CFA Level 1 Study Guide - Financial Statements - Accounting ...

    http://www.investopedia.com/exam-guide/cfa-level-1/financial-statements/accounting-process.asp
    ... 8.21 Asset Impairment. 9. Liabilities: 9.1 Introduction; 9.2 Current Liability Basics;
    9.3 Income Tax Terminology; 9.4 Tax Deferred Liabilities; 9.5 Permanent Vs ...

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