Chapter 4
Help!
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chart of accounts | A list of all accounts used by a business
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credit | An agreement to pay for a purchase at a later time; on the right side of the account
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debit | An entry on the left side of an account
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double-entry accounting | A system that recognizes the different sides of business transactions as debits and credits
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ledger | A group of accounts
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normal balance | The increase side of an account
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T account | A visual representation of a ledger account.
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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