This identifies and describes transactions and events entering the accounting

This identifies and describes transactions and events

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a.Journalb.Note Receivablec.Source Documents7.An account with debit and credit columns for recording entries and another column for showing the balance of the account after each entry?8.An all purpose journal for recording the debits and credits of transactions and events?
9.This represents a ledger account and is a tool used to understand the effects of one or more transactions?10. A list of all ledger accounts and includes an identification number assigned to each account?a.Chart of accountsb.Ledgerc.Expense account11. A record containing all accounts use by a company?12. A list of accounts and their balances at a point in time is?13. An entry that effects 3 or more accounts is called a?14. This gives a complete record of each transaction in one place?A. Journal B. Posting C. Ledger15. Refers to a liability that is settled in the future when a company delivers its products or services?16. The right side of an account abbreviated Cr. This decreases asset and expenses and increases liability and revenue17. The process of recording transactions in a journal is?18. Individuals or organizations entitled to receive payments are?A. Creditors B. Accountants
19. The process of transferring journal entry information to the ledger is called?

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