BA110 Theory Unit 2 #1. _Is the difference between the amounts recorded on the two sides of an account. #2. Written records of the assets, liabilities, and owner's equity of a business are 3. is a list of the accounts used by a business to record its financial transactions #4. A means of identifying each account as an asset, liability, or owner's equity is #5. An entry on the right side of an account is 6. is an accounting system that involves recording the effects of each transaction as debits and credits. #7. A special type of owner's equity account set up to record the owner's withdrawal of cash from the business is a #8 is a small pencil figure written at the base of an amount column showing the sum of the entries in the column. #9 The increase side of an account is called is an accounting error involving misplaced digits in a number #10