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A 3-column ledger sheet is an accounting tool or designed to track financial transactions using the running balance method. A “100’s” pack typically means it contains 100 pages or loose sheets used for business or personal bookkeeping.
The 3-Column Breakdown
These three primary money columns include:
Debit (Column 1): Records payments made, money taken out, or charges incurred.
Credit (Column 2): Records money received, deposits made, or revenue earned.
Balance (Column 3): The running total of the account, calculated after each transaction (Debit/Credit applied).
Standard Page Layout
Beyond the three money columns, the sheet also typically includes:
Date: The date of the transaction.
Description / Particulars: Explanatory notes detailing what the transaction was for.
Ref (Reference): A column used to reference invoice numbers or source documents.