This ledger covers the period February 1899-February 1907. As the account book of final entry, it summarizes transactions relating to the distribution and sale of phonographs and records. There are stock, cash, general expense, capital, and other accounts, including accounts for offices in Berlin, Brussels, Paris, London, and New York. The spine is stamped "87" and "General Ledger No.1 N.P.Co." It is labeled "Feby 28th 1899 to Feby 28th 1907." The book contains 401 numbered pages and an index; many pages are blank.