FABM

It refers to a procedures or series of step taken within a year to generate financial reports.

It is a source materials that serve as a basis of recording transactions.

It is the end products of accounting process.

Journals are called __________because transactions are  originally recorded in them before being posted to the ledger.

It is recorded initially in a journal.

Recording transactions in the journal  must be  done in ___________ order.

The _________ shows in one place all the changes for a particular accounts.

It is the simplest form of ledger.

All the ending balances of the accounts in the general ledger are summarized is called?

It is the debit or credit balances that would be expected in the specific account in the general ledger.