Matching Following are a number of the key terms and concepts introduced in the
chapter, along with a list of corresponding definitions. Match the appropriate letter
for the key term or concept to each definition provided (items 1–15). Note that not all
key terms and concepts will be used. Answers are provided at the end of this chapter. Matching Following are a number of the key terms and concepts introduced in the
chapter, along with a list of corresponding definitions. Match the appropriate letter
for the key term or concept to each definition provided (items 1–15). Note that not all
key terms and concepts will be used. Answers are provided at the end of this chapter.
a. Balance sheet equation
b. Transactions
c. On account
d. Accrued (or accrual)
e. Journal
f. Post (posting)
g. Ledger
h. Account
i. Chart of accounts
j. T-account
k. Account balance
l. Debit
m. Credit
n. Entry
o. Balance
p. Charge
q. Journal entry
r. Source document
s. Adjusting journal entry
t. Closing the books
u. Transaction analysis methodology
_________The left side of an account; an increase in asset and expense accounts or a decrease in liability, stockholders' equity, and revenue accounts.