Why is it called a ledger?
I'm curious about the origin of the name 'ledger'. Why is this particular term used to describe such a record-keeping tool? What's the historical or functional reason behind its naming?
What is BDP accounting?
BDP accounting refers to an approach in accounting that focuses on identifying the best practices leading to the most revenue at the least cost, within or outside a company. It aims to provide financial information that is useful for decision making, strategic planning, and operations management.