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The Following are a number of the key terms and concepts introduced in the chapter, along with a list of corresponding definitions. Match the appropriate
The Following are a number of the key terms and concepts introduced in the chapter, along with a list of corresponding definitions. Match the appropriate letter for the key term or concept to each definition provided (items 1–15). Note that not all key terms and concepts will be used. Answers are provided at the end of this chapter.
_______ 4. A chronological record of transactions.
Balance sheet equation 1. Debit a. b. Transactions m. Credit On account Entry . n. d. Accrued (or accrual) O. Balance Journal Charge Journal entry . . Post (posting) g. Ledger f. 9. Source document r. h. Account Adjusting journal entry Closing the books Transaction analysis methodology S. i. Chart of accounts j. -ount t. u. k. Account balance
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