Identify the item that best completes each of the descriptions below. 1. Chart 2. General ledger 3.
Question:
Identify the item that best completes each of the descriptions below.
1. Chart
2. General ledger
3. Journal
4. Account
5. Source document
a. A(n)____ of accounts is a list of all accounts a company uses, not including account balances.
b. The____ is a record containing all accounts used by a company, including account balances.
c. A(n)____ describes transactions entering an accounting system, such as a purchase order.
d. Increases and decreases in a specific asset, liability, equity, revenue, or expense are recorded in
a(n)____ .
e. A(n)____ has a complete record of every transaction recorded.
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Related Book For
Principles Of Financial Accounting (Chapters 1-17)
ISBN: 9781260780147
25th Edition
Authors: John Wild
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