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Java Games: Flashcards, matching, concentration, and word search. |
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Chapter 3 - Using Accounts
Topic 1, 2, and 3
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| A | B |
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| Account | A device for recording the effects of transactions under one title |
| Debit | Left side of an account. |
| Credit | Right side of an account. |
| Ledger | A file or group of accounts. |
| Debiting | Recording an amount on the left side. |
| Crediting | Recording an amount on the right side. |
| Account Balance | The difference between the total debits and the total credits. |
| Double-Entry System | The system of recording transactions now in general use in modern accountins practice: For every transaction, the debit entry or entries must equal the credit entry or entries. |
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Teacher |
Vanier Collegiate |
| Moose Jaw, SK |
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