| A | B |
|---|
| General Ledger | a ledger that contains all accounts needed to prepare financial statements |
| Ledger Account Form | The accounting stationary used to record financial information about specific accounts. |
| Posting | transferring information from a journal entry to a ledger account |
| Proving the ledger | Adding all debit balances and all credit balances of ledger accounts and then comparing the two totals to see whether they are equal. |
| Trial Balance | a proof of the equality of debits and credits in a general ledger |
| Transposition Error | Occurs when two digits within an amount are accidentally reversed |
| Slide Error | Accidental misplacement of a decimal point in an amount. |
| Correcting Entry | An entry made to correct an error in a journal entry discovered after posting. |
