Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

MATCHING Match the items below by entering the appropriate code letter in the space provid 5. A. Account B. Normal account balance C. Debit D.

image text in transcribed
MATCHING Match the items below by entering the appropriate code letter in the space provid 5. A. Account B. Normal account balance C. Debit D. Revenue account E. Compound entry F. Journal G. Posting H. Chart of accounts I. Trial balance J. Simple entry 1. An entry that involves three or more accounts. 2. Transferring journal entries to ledger accounts. 3. The side which increases an account. 4. A list of all the accounts used by an enterprise. 5. A record of increases and decreases in specific assets, liabilities, and stockholdersl items. 6. Left side of an account. 7. An entry that involves only two accounts. 8. A book of original entry. 9. A list of accounts and their balances at a given time. 10. Has a credit normal balance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Survival Audit And Calculations Manual

Authors: Dr Joseph Lee Bounds

1st Edition

1505425573, 978-1505425574

More Books

Students also viewed these Accounting questions

Question

Define project.

Answered: 1 week ago