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7 Cards in this Set

  • Front
  • Back
Ledger
a group of accounts.
General ledger
a ledger that contains all accounts needed to prepare financial statement
Account number
number assigned to an account
File maintenance
the produced for arranging accounts in a general ledger, assigned account numbers, and keeping records current
Opening an account
writing an account title and number on the heading of an account.
Posting
transferring information from a journal entry to a ledger account
Correcting entry
a journal entry made to correct errors in the ledger