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