1
A book or collection of accounts in which account transactions are recorded.
2
An entry recording an amount owed, typically representing an increase in assets or expenses.
3
An entry recording an amount received, usually indicating an increase in liabilities or equity.
4
A detailed account that records all transactions in chronological order.
5
The process of ensuring that two sets of records are in agreement.
6
Resources owned by a business that have economic value.
7
Obligations or debts that a business is required to pay in the future.
8
Permanent investment the owner has made into the business
9
Place where all transactions are first entered, usually on a daily basis
10
List of all adjusted balances of the accounts in the general ledger