Posting to a Ledger Vocab

What is the procedure for arranging accounts in a general ledger, assigning account numbers, and keeping records current

• general ledger
• file maintenance
• opening an account
• proving cash

A group of accounts is called a 

• journal
• ledger
• post
• entry

Transferring information form a journal entry to a ledger account is called

• double entry accounting
• journalizing
• posting 
• transaction entry

When you are determining that the amount of cash agrees with the balance of the CASH account in the accounting records you are 

• exercising file maintenance
• posting to a ledger
• proving cash

The number assigned to an account is called

• account title
• chart of accounts
• asset
• account number

A ledger that contains all accounts needed to prepare financial statements is called

• balance sheet ledger
• income statement ledger
• general ledger
• special items ledger

When you write an account title and number on the heading of an account you are 

• posting to a general ledger
• recording transactions
• opening an account
• maintaining your business files

Debit on the 

• right
• left

Credit on the 

• left
• right

This is a form recording transactions in chronological order.

• journal
• ledger
• income statement
• balance sheet