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 Chart of Account 2 General Journal Review Process 3 Withdrawal Account 4 5 When recording a transaction, this side must be recorded first 6 7 Purchase on Credit, on account means.... 8 Basic Accounting Equation 9 Periodicity of Recording Transactions 10 General Journal Is what the business owes Transactions must be recorded daily as they occur List of every account in the general ledger of an accounting system. Assets=Liabilities + Owner's Equity 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
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