an entry made to correct an error in a journal entry discovered after posting.
a permanent record organized by account number.
ledger account forms
the accounting stationery used to record financial information about specific accounts.
the process of transferring information from the journal to individual general ledger accounts.
proving the ledger
adding all debit balances and all credit balances of ledger accounts, and then comparing the two totals to see whether they are equal.
error that occurs when a decimal point is moved by mistake.
error that occurs when two digits within an amount are accidentally reversed, or transposed.
a list of all the general ledger account names and balances; it is prepared to prove the ledger.