Acctg I - Ch 9 Word Scramble
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| Question | Answer |
| Journal entries recorded to update general ledger accounts | adjusting entries |
| Accounts used to accumulate information from one fiscal period to the next | permanent accounts |
| Accounts used to accumulate information until is it transferred to owner's capital account | temporary accounts |
| Journal entries used to prepare temporary accounts for a new fiscal period | closing entries |
| A trial balance prepared after closing entries are posted | post-closing trial balance |
| The series of accounting activities included in a fiscal period | accounting cycle |
Created by:
lrice@penncrest.org
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