Details Title: Accounting Chapter 4 Description: vocab Total Flash Cards: 7 Created: 01/20/2009 11:37:42		New Users: To study from this flashcard set, or to create your own your own study flash cards, REGISTER HERE. Existing Users: CLICK HERE. Additional Accounting Flashcards
Cards in this set: Term Ledger Definition A group of accounts. Term General Ledger Definition A ledger that contains all accounts needed to prepare financial statements Term Account Number Definition The number assigned to an account Term File Maintenance Definition The procedure for arranging accounts in a general ledger, assigning account numbers, and keeping records current. Term Opening an Account Definition Writing an account title and number on the heading of an account. Term Posting Definition Transferring information from a journal entry to a ledger account. Term Correcting Entry Definition A journal entry made to correct an error in a previous journal entry.