Matching
Match the items below
Premises:
An entry that involves three or more accounts.
Transferring journal entries to ledger accounts.
The side which increases an account.
A list of all the accounts used by a company.
A record of increases and decreases in specific assets, liabilities, and stockholdersl items.
Left side of an account.
An entry that involves only two accounts.
A book of original entry.
A list of accounts and their balances at a given time.
Has a credit normal balance
Responses:
Account
Normal account balance
Debit
Revenue account
Compound entry
Journal
Posting
Chart of accounts
Trial balance
Simple entry
Correct Answer:
Premises:
Responses:
An entry that involves three or more accounts.
Transferring journal entries to ledger accounts.
The side which increases an account.
A list of all the accounts used by a company.
A record of increases and decreases in specific assets, liabilities, and stockholdersl items.
Left side of an account.
An entry that involves only two accounts.
A book of original entry.
A list of accounts and their balances at a given time.
Has a credit normal balance
Premises:
An entry that involves three or more accounts.
Transferring journal entries to ledger accounts.
The side which increases an account.
A list of all the accounts used by a company.
A record of increases and decreases in specific assets, liabilities, and stockholdersl items.
Left side of an account.
An entry that involves only two accounts.
A book of original entry.
A list of accounts and their balances at a given time.
Has a credit normal balance
Responses:
Related Questions
Q182: The basic steps in the recording process
Q184: The process of entering an amount on
Q188: Phair and Associates is a financial
Q188: _ _ and _ have debit normal
Q190: A sales slip a check and a
Q191: Match the items below by entering the
Q193: The ledger accounts of the Fabulous
Q193: The entire group of accounts and their
Q195: Match the basic step in the recording
Q197: An _ is a record of increases
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents