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Definition
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Term
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Definition
| A ledger that contains all accounts needed to prepare financial statements. |
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Term
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Definition
| The number assigned to an account. |
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Term
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Definition
| The procedure for arranging accounts in a general ledger, assigning account numbers, and keeping records current. |
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Term
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Definition
| Writing an account title and number on the heading of an account. |
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Term
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Definition
| Transferring information from a journal entry to a ledger account. |
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Term
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Definition
| Used to correct the incorrect journal entry with an additional journal entry. |
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