Chapter 4- Vocab Flashcards
1
Q
a group of accounts
A
ledger
2
Q
A ledger that contains all accounts needed to prepare financial statements
A
general ledger
3
Q
The number assigned to an account
A
account number
4
Q
The procedure for arranging accounts in a general ledger, assigning account numbers, and keeping records current
A
file maintenance
5
Q
Writing an account title and number on the heading of an account
A
opening an account
6
Q
Transferring information from a journal to a ledger account
A
posting
7
Q
determining that the amount of cash agrees with the balance of the cash account in the accounting records
A
proving cash
8
Q
A journal entry made to correct an error in a previous journal entry
A
correcting entry
