Ledger Balance

The ledger balance refers to the amount shown in an organisation’s accounting records for a particular account at a given point in time. It reflects all entries that have been formally posted—such as receipts, payments, charges, and other adjustments—providing an official record of the account’s position. This figure can differ from the available balance when certain transactions have been initiated but not yet entered into the ledger.

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For instance, if the cash account of a business has recorded deposits totaling ₹1,00,000 and withdrawals of ₹30,000, the ledger will show a balance of ₹70,000, assuming no additional entries are awaiting posting.