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| For each accounting period, the process that begins with recording of business transactions or procedures into a journal and ends with the completion of a post-closing trial balance |
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| the period of time for which an income statement is prepared |
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| book that receives information about business transactions from a book of original entry (a journal) ex: a ledger |
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| book that records the first formal information about business transactions ex: a journal |
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| a journal entry that affects more than two accounts |
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| Adding to the PR column of the journal the account number of the ledger account that was updated the journal |
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| The 12-month period a business chooses for its accounting year |
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| a running balance account that records debits and credits and has a column for an ending balance (debit or credit) |
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| the simplest form of a journal, which records information from transactions in chronological order as they occur |
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| financial statements that are prepared for a month, quarter, or some other portion of the fiscal year. |
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| a listing of business transactions in chronological order |
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| the transaction that is recorded into a journal once it is analyzed |
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| the process of recording a transaction entry into the journal |
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| A business's fiscal year that ends at the same time as a slow seasonal period begins |
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| the transferring, copying, or recording of information from a journal to a ledger |
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| the error that results in adding or deleting zeros in the writing of a number |
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| the accidental rearrangement of digits of a number |
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| an informal listing of a ledger accounts and their balances in the ledger to aid in proving the quality of debits and credits |
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