A list of all accounts used by a business.

Double- Entry Accounting

System to analyze and record a transaction

Shows the dollar increase or decrease in an account that is caused by a transaction.

Always on the side used to record increases to the account.

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Accoounting

Chapter 4

Term	Definition
Chart of Accounts	A list of all accounts used by a business.
Ledger	A group of accounts.
Double- Entry Accounting	System to analyze and record a transaction
Debit	Left
Credit	Right
T Account	Shows the dollar increase or decrease in an account that is caused by a transaction.
Normal Balance	Always on the side used to record increases to the account.