| A | B |
|---|
| Ledger | A group of accounts. |
| General Ledger | A ledger that contains all accounts needed to prepare financial statements. |
| Account Number | The number assigned to an account. |
| File Maintenance | The procedure for arranging accounts in a general ledger, assigning account numbers, and keeping records current. |
| Opening an Account | Writing an account title and number on the heading of an account. |
| Posting | Transferring information from a journal entry to a ledger account. |
| Assets, Liabilities and Owner's Equities | The balance sheet accounts. |
| Revenue and Expenses | The income statement accounts. |
| Coolest accounting teacher | Mr. Walsh |
| Best accounting class | Period 4 |
