1. Chart а. А(n). 3. Journal 2. General ledger - of accounts is a list of all accounts a company uses, not including account balances. is a record containing all accounts used by a company, including account balances. - describes transactions entering an accounting system, such as a purchase order. 4. Асcount 5. Source document b. The с. А (п). d. Increases and decreases in a specific asset, liability, equity, revenue, or expense are recorded in a(n). е. A(n) has a complete record of every transaction recorded.
1. Chart а. А(n). 3. Journal 2. General ledger - of accounts is a list of all accounts a company uses, not including account balances. is a record containing all accounts used by a company, including account balances. - describes transactions entering an accounting system, such as a purchase order. 4. Асcount 5. Source document b. The с. А (п). d. Increases and decreases in a specific asset, liability, equity, revenue, or expense are recorded in a(n). е. A(n) has a complete record of every transaction recorded.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Enter the number for the item that best completes each of the descriptions below.
Transcribed Image Text:1. Chart
а. А(n).
3. Journal
2. General ledger
- of accounts is a list of all accounts a company uses, not including account balances.
is a record containing all accounts used by a company, including account balances.
- describes transactions entering an accounting system, such as a purchase order.
4. Асcount
5. Source document
b. The
с. А (п).
d. Increases and decreases in a specific asset, liability, equity, revenue, or expense are recorded in
a(n).
е. A(n)
has a complete record of every transaction recorded.
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