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Accounting > Unit 4 vocab > Flashcards

Unit 4 vocab Flashcards

1
Q

A group of accounts

A

Ledger

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2
Q

A ledger that contains all accounts needed to prepare financial statements

A

General ledger

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3
Q

The number assigned to an account

A

account number

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4
Q

the procedure for arranging accounts in a general ledger, assigning account numbers, and keeping records current

A

File maintenance

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5
Q

Writing an account title and number on the heading of an account

A

opening an account

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6
Q

An additional journal entry made to correct an incorrect journal entry

A

Correcting entry

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Accounting (9 decks)

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