Posting to a Ledger Vocab

Front

Procedure for arranging accounts in a general ledger and keeping records current

Back

file maintenance

Front

A group of accounts is called a

Back

ledger

Front

Transferring info from a journal to a ledger is called

Back

posting

Front

Determining if cash matches the CASH account balance in records

Back

proving cash

Front

Number assigned to an account

Back

account number

Front

A ledger containing all accounts for financial statements is called

Back

general ledger

Front

Account title & number on heading indicates:

Back

Opening an account.

Front

Debit on the

Back

left

Front

Credit on the

Back

right

Front

Form recording transactions chronologically.

Back

journal