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Need help! The definitions to the first picture are in the second picture. Accounting has its own vocabulary and basic relationships. Match the accounting terms
Need help! The definitions to the first picture are in the second picture.
Accounting has its own vocabulary and basic relationships. Match the accounting terms at the left with the corresponding phrase at the right. Phrase Accounting Term 1. Posting 2. Normal balance 3. Payable 4. Journal 5. Receivable 6. Chart of accounts 7. Debit 8. Trial balance 9. Credit Accounting has its own vocabulary and basic relationships. Match the accounting terms at the left with the corresponding phrase at the right. Phrase Accounting Term 1. Posting 2. Normal balance 3.Payable 4. Journal 5. Receivable 6. Chart of accounts 7. Debit 8. Trial balance 9. Credit a. Chronological record of transactions. b. An asset. c. Left side of an account d. Side of an account where increases are recorded. e. Copying data from the journal to the ledger. f. List of all accounts with their balances. g. A liability h. List of all of the accounts of a business. i. Right side of an account
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