Match the following definitions and terms. 

A. Compound journal entry
B. Unearned revenues
C. T-account
D. Chart of accounts
E. Posting reference column
F. General journal
G. Trial Balance
H. Posting
I. Note receivable
J. Account


A. A journal entry that affects at least three accounts.
B. Liabilities created when customers pay in advance for products or services; satisfied by delivering the products or services in the future.
C. A simple form used as a helpful tool in understanding the effect of transactions and events on specific accounts.
D. A list of all accounts used by a company and the identification number assigned to each account.
E. A column in journals where individual account numbers are entered when entries are posted to ledger accounts.
F. The most flexible type of journal, it can be used to record any kind of transaction.
G. A list of accounts and their balances at a point in time; the total debit balances should equal the total credit balances.
H. The process of transferring journal entry information to the ledger.
I. A written promise from a customer to pay a definite sum of money on a specified future date.
J. A record of the increases and decreases in a specific asset, liability, equity, revenue, or expense item.

Business

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