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voc for mid-term test

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a record summarizing all the information pertaining to a single item in the accounting equation   show
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the amount in an account   show
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show account title  
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show accounting  
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show accounting equation  
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show accounting records  
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a planned process for providing financial information that will be useful to management   show
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anything of value that is owned   show
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show business ethics  
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the account used to summarize the owner's equity in a business   show
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financial rights to the assets of a business   show
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show ethics  
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a decrease in owner's equity resulting from the opperation of a business   show
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financial reports that summarize the financial conditions and operations of a business   show
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an amount owed by a business   show
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the amount remaining after the value of all liabilities is subtracted from the value of all assets   show
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a business owned by one person   show
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show revenue  
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a sale for which cash will be received at a later date   show
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a business that performs an activity for a fee   show
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a business activity that changes assets, liabilties, or owner's equity   show
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show withdrawals  
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show chart of accounts  
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show credit  
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an amount recorded on the left side of a T account   show
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the side of the account that is increased   show
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show T account  
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a business form ordering a bank to pay cash from a bank account   show
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show double-entry accounting  
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information for each transaction recorded in a journal   show
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show general journal  
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show invoice  
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a form for recording transactions in chronological order   show
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show jornalizing  
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show memorandum  
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a business form giving written acknowledgement for cash received   show
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an invoice used as a source document for recording a sale on account   show
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show source document  
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show account number  
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a journal entry made to correct an error in the ledger   show
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show file maintenance  
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show general ledger  
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show ledger  
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show opening an account  
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show posting  
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determinig that the amount of cash agrees with the balance of the cash account in the accounting records   show
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Created by: tori22
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