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Maplewood Rice Acctg Vocab Ch 9

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Journal entries recorded to update general ledger accounts   adjusting entries  
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Accounts used to accumulate information from one fiscal period to the next   permanent accounts  
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Accounts used to accumulate information until is it transferred to owner's capital account   temporary accounts  
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Journal entries used to prepare temporary accounts for a new fiscal period   closing entries  
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A trial balance prepared after closing entries are posted   post-closing trial balance  
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The series of accounting activities included in a fiscal period   accounting cycle  
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