Accounting Ch.4 Word Scramble
|
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Term | Definition |
Ledger | A group of accounts |
General Ledger | A ledger that contains all accounts needed to prepare financial statements |
Account Number | The number assigned to an account |
File maintenance | The procedure for arranging accounts in a general ledger, assigning account numbers, and keeping records current |
Opening an Account | Writing an account title and number on the heading of an account |
Posting | Transferring information from a journal entry to a ledger account |
Proving Cash | Determining that the amount of cash agrees with the balance of the cash account in the accounting records |
Correcting Entry | A journal entry made to correct an error in the ledger |
Created by:
bailey.baucom69
Popular Accounting sets