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Chapter 7 Vocabulary

Across
An entry needed to bring temporary account balances to zero
A listing of all the account titles and account numbers used by a business
An accounts increase side
Journal entries
The right side of all accounts
Analyzing and recording data
A listing of all accounts and their balances after closing entries
Adjusting for the expired or consumed asset
Book of original entry
Ledger
An event or condition that needs to be recorded
What gets recorded in the book of original entry
Down
A listing of all accounts and their balances. Purpose is to prove debits=credits
A single record
The steps a business goes through in a fiscal period
A tool to help analyze
A "real" account that has a balance
A listing of all accounts and their balances after adjustments
An account that offsets another account
The left side of all accounts
The process of transferring the journal entries to their account in the ledger