Chapter 2, Problem E2.10E

Using accounting vocabulary
Learning Objectives 1, 2, 3, 4
Match the accounting terms with the corresponding definitions.

1. Posting	a. A detaded record of all increases and decreases that have occurred in a particular asset, Ilability, or equilty during a period
2. Account	b. The record holding all the accounts of a business, the changes in those accounts, and their balances
3. Debit	c. A journal entry that is characterized by having mulitiple debits and/or multiple credits
4. Journal	d. A record of transactions in date order
5. Chart of accounts	e. Len side of a T-account
6. Trial balance	f. Side of an account where increases are recorded
7. Normal balance	g. Transferring amounts from the journal to the ledger
8. Ledger	h. Right side of a T-account
9. Credit	i. A list of all accounts with their balances at a point in time
10. Compound journal entry	j. A list of all accounts with their account numbers