Matching
Match the items below.
Premises:
An entry that involves three or more accounts.
Transferring journal entries to ledger accounts.
The side which increases an account.
A list of all the accounts used by an enterprise.
A record of increases and decreases in specific assets, liabilities, and owner’s equity items.
Left side of an account.
An entry that involves only two accounts.
A book of original entry.
A list of accounts and their balances at a given time.
Has a credit normal balance
Responses:
Account
Normal account balance
Debit
Revenue account
Compound entry
Journal
Posting
Chart of accounts
Trial balance
Simple entry
Correct Answer:
Premises:
Responses:
An entry that involves three or more accounts.
Transferring journal entries to ledger accounts.
The side which increases an account.
A list of all the accounts used by an enterprise.
A record of increases and decreases in specific assets, liabilities, and owner’s equity items.
Left side of an account.
An entry that involves only two accounts.
A book of original entry.
A list of accounts and their balances at a given time.
Has a credit normal balance
Premises:
An entry that involves three or more accounts.
Transferring journal entries to ledger accounts.
The side which increases an account.
A list of all the accounts used by an enterprise.
A record of increases and decreases in specific assets, liabilities, and owner’s equity items.
Left side of an account.
An entry that involves only two accounts.
A book of original entry.
A list of accounts and their balances at a given time.
Has a credit normal balance
Responses:
Related Questions
Q197: A two column list of all accounts
Q198: The bookkeeper for Panda Bear Yard
Q199: The transactions of Molina Information Service are
Q200: The ledger accounts of the Flex Gym
Q201: Amy Pond a fellow employee wants to
Q202: Terry Bradshaw was appointed the manager of
Q203: A classmate is considering dropping his accounting
Q204: During a study session a classmate states
Q205: Match the account titles given below with
Q207: Match each of the following statements
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents