| A | B |
|---|
| ledger | whether a system is manual or electronic, accounts are group together |
| chart of accounts | to keep trak of its accounts, a business develops or a list of all the accounts and their assigned account numbers. |
| double-entry accounting | when accountants analyze and record a transaction, they use a system |
| T account | because of its T shape, shows the dollar increase or decrease in an account that is caused a transaction |
| debit | then is an account entered on the left siide of the T accounts |
| credit | is an amount entered on teh right side of the T account |
| normal balance | ish always on the side used to record increases the account |
| skills | activities that you perform well |
