ch 7
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| correcting entry | an entry made to correct an error in a journal entry discovered after posting
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| general ledger | an all purpose journal in which all the transactions of a business may be recorded
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| ledger account forms | accounting stationary used to record finical information about specific accounts
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| posting | process of transferring information from the journal to individual general ledger accounts
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| providng the ledger | adding all debit balances and all credit balances of ledger accounts and then comparing the two totals to see whether they are equal
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| slide error | error that occurs when a decimal point is moved by mistake
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| transposition error | error that occurs when two digits within an amount are accidentally reversed or transported
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| trial balance | list of all the general ledger account names and balances it is prepared to prove the ledger
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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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Created by:
jcoghlan19
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