Accounting Ch 4-6

The journal or the first formal accounting record of a transaction

A list of all accounts used by a business

A general journal entry that affects more than two accounts

An entry to correct an incorrect entry that has been journalized and posted to the wrong account

The information in the posting reference columns of the journal and ledger that provides a link between the journal and the ledger

A complete set of all the accounts used by a business. the general ledger accumulates a complete record of the debits and credits made to each account as a result of entries made to the journal

An account w/ columns for the debit or credit transaction and columns for the debit or credit running balance

A day by day listing of the transactions of a business

Entering the transactions in a journal

Copying the debits and credits from the journal to the ledger accounts

A method of correcting an entry in which a line is drawn through the error and the correct information is placed above it

An error that occurs when debit or credit amounts "slide" a digit or two to the left or right

Any document that provides information about a business transaction

An error that occurs when two digits are reversed

A list used to prove that the totals of the debit and credit balances in the ledger accounts are equal