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chart of accounts 4

vocab

QuestionAnswer
group of accounts ledger
ledger that contains all accounts needed to prepare financial statements general ledger
number assigned to an account account number
procedure for arranging accounts in general ledger, assigning account numbers, and keeping records current file maintenance
writing an account title and number on the heading of an account opening an account
transferring information from a journal entry to ledger account posting
incorrect journal entry should be corrected with an additional journal entry called _____ correcting entry
Created by: skirkwood
Popular Accounting sets

 

 



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