| 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. |
| correcting entry | A journal entry made to correct an error in a previous journal entry. |
| balance-ruled account | Because an account form has columns for the debit and credit balance of an account, it is oftern referred to as the _______form. |
| 110 | The cash account is the first asset account and is numbered ____. |
| within | The last two digits in a 3-digit account number indicate _____ the general ledger division of the account. |
| 515 | When adding a new expense account between accounts numbered 510 and 520, the new account is assigned the account number ____. |
| alphabetical | Expense accounts are arranged in ______order in its general ledger. |
| account number | The two steps for opening an account are writing the account title and _______. |
| total | Separate amounts in special amount columns are posted as a _____. |
| individually | Separate amounts in general amount columns are posted ______. |
| posted | A check mark in parentheses below a General Debit column total indicates that the total is _____. |
