Chapter 7

Question 1

opening an account

Answer 1

preparing an account and placing it in its proper place in the ledger

Question 2

cross-referencing

Answer 2

the recording of the journal page number in the account and the recording of the account number in the journal

Question 3

forwarding

Answer 3

the process of continuing an account in a new account form by carrying foward the date and the balance from the completed page