Commercial ledger
A commercial ledger is a book written by a merchant as an obligation under the Commercial Code to clarify the status of the property and profit and loss in the business. A book that is not a book made as an obligation under commercial law is not a commercial book, for example, a booklet written by a small business owner who is not obliged to prepare a commercial book is not a commercial book. Commercial books have an accounting book and a balance sheet, and an accounting book includes a journal, a journal, and a general ledger. Commercial books are distinguished from financial statements. Financial statements are collectively referred to as balance sheet, profit and loss statement, income statement, or loss statement.