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Chapter 3 revised

Across
The principle that a purchased asset should be recorded at its actual cost
Business papers, such as checks, invoices, receipts, letters, and memos that furnish proof that a transaction has taken place
A complete record of the transactions recorded in an individual account
The book in which a person makes the original record of a business transaction; commonly referred to as a book or original entry
The process of transferring figures from the journal to the ledger accounts
Down
The ledger account number in the Post. Ref. column of the journal and the journal page number in the Post. Ref. column of the ledger account
A book or file containing the activity (by accounts), either manual or computerized, of a business
The process of recording a business transaction in a journal