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Chapter 2

Across
The record of the changes that have occurred in a particular asset, liability, or stockholders' equity during a period. The basic summary device of accounting.
A list of all the ledger accounts with their balances.
A liability for an expense that has not yet been paid by a business. debit credit
The left side of an account.
The process of copying amounts from the journal to the ledger.
Down
A list of a company's accounts and their account numbers.
Any event that has a financial impact on the business and can be measured reliably.
The chronological accounting record of an entity's transactions.
The right side of an account.
The book of accounts and their balances. posting trial