| A | B |
|---|
| correcting entry | An entry made to correct an error in a journal entry discovered after posting |
| general ledger | A permanent record organized by account number |
| ledger account form | The accounting stationery used to record financial information about specific accounts |
| posting | The process of transferring information from the journal to individual general ledger accounts |
| 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 |
| slide error | Error that occurs when a decimal point is moved by mistake |
| transposition error | Error that occurs when two digits within an amount are accidentally reversed, or transposed |
| trial balance | A list of all the general ledger account names and balances;it is prepared to prove the ledger |
