A record of increases and decreases in specific asset, liability, or owner's equity items.
Charts of accounts
A list of accounts and the account numbers that identify their location in the ledger.
A journal entry that involves three or more accounts.
The right side of an account.
The left side of an account.
A system that records in appropriate accounts that dual effect of each transaction.
The most basic form of journal.
A ledger that contains all asset, liability, and owner's equity accounts.
An accounting record in which transactions are initially recorded in chronological order.
The entering of transaction data in the journal.
The entire group of accounts maintained by a company.
An account balance on the side where an increase in the account is recorded.
The procedure of transferring journal entries to the ledger accounts.
A journal entry that involves only two accounts.
The basic form of an account.
Three-column form of account
A form with columns for debit, credit and balance amounts in an account.
A list of accounts and their balances at a given time.