Matching Pairs General Journal & General ReviewOnline version Match the information or term from column a, with the one that corresponds in column b. by Janelle Vernon 1 2 When recording a transaction, this side must be recorded first 3 Withdrawal Account 4 Basic Accounting Equation 5 General Journal 6 7 Periodicity of Recording Transactions 8 General Journal Review Process 9 Purchase on Credit, on account means.... 10 Chart of Account Transactions must be recorded daily as they occur The amount due to the supplier will be paid after (at a later date) Increases on the Dr Side Decreases on the Cr Side Normal Balance Debit List of every account in the general ledger of an accounting system. Assets=Liabilities + Owner's Equity Is what the business owes
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