Lesson 5 Quiz - ELL 1-2

The number assigned to an account is called a/an

• account number

• file maintenance

• ledger

A list of accounts used by a business is called a

• chart of accounts

• T account

• opening an account

Writing an account title and number on the heading of an account is called

• opening an account

• account number

• posting

Determining that the amount of cash agrees with the balance of the cash account is called

• proving cash

• file maintenance

• correcting entry

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

• posting

• opening an account

• transferring

A journal entry made to correct an error in the ledger is called a /an

• correcting entry

• reversing entry

• adjusting entry

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

• file maintenance

• opening an account

• posting