Details Title: Accounting Chapter 4 Description: Vocabulary Total Flash Cards: 7 Created: 10/22/2008 09:42:14		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 Contains all accounts needed to prepare a financial statement. 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 on the heading of an account. Term Posting Definition Transferring from a journal entry to a ledger. Term Correcting Entry Definition A journal entry whose job is to correct an incorrect journal entry.