Common stock and retained earnings, or increase with debts (Cổ phiếu phổ thông và lợi nhuận giữ lại được tăng lên cùng với các khoản nợ)

The trial balance verifies the equality of debits and credits on a specific date.

(Số dư dùng thử xác minh sự bằng nhau của các khoản ghi nợ và tín dụng vào một ngày cụ thể.)

Entering a transaction in the journal is also known as booking the journal entry.(Nhập một giao dịch trong nhật ký còn được gọi là đăng ký mục nhật ký.)

The total debits to an account must equal the total credits to the account.(Tổng số ghi nợ vào tài khoản phải bằng tổng số ghi có vào tài khoản.)

The total debits to an account must equal the total credits to the account.

If the sum of the credits to an account exceeds the sum of the debits to the account, the account will have a credit balance

The balances in the liability and revenue accounts are increased with a credit.

Every business transaction involves at least one debit and at least one credit.

In the journalizing process, the credit side is entered on the left margin, and the debit side is indented to the right.

An account that normally has a debit balance may occasionally have a credit balance.

Although a trial balance can be prepared at any time, the most common time is at the end of the accounting period.

The trial balance summarizes all the account balances for the financial statements and shows whether total debits equal total credits.(Số dư dùng thử tóm tắt tất cả số dư tài khoản cho báo cáo tài chính và cho biết liệu tổng số nợ có bằng tổng số tín dụng hay không.)

A new account is opened for each transaction entered into by a business firm

A debit to an account indicates an increase in that account.

If a revenue is credited, the revenue is increased

Revenues are a subdivision of owner’s capital

Business documents can provide evidence that a transaction has occurred

Each transaction must be analyzed in terms of its effect on the accounts before it can be recorded in a journal

Transactions are entered in the ledger accounts and then transferred to journals

All business transactions must be entered first in the general ledger

A simple journal entry requires only one debit to an account and one credit to an account

A compound journal entry requires several debits to one account and several credits to one account

The complete effect of a transaction on the accounts is disclosed in the journal

The account titles used in journalizing transactions need not be identical to the account titles in the ledger(Tiêu đề tài khoản được sử dụng trong các giao dịch ghi nhật ký không nhất thiết phải giống với tiêu đề tài khoản trong sổ cái)

The chart of accounts is a special ledger used in accounting systems.(Biểu đồ tài khoản là một sổ cái đặc biệt được sử dụng trong hệ thống kế toán)

A general ledger should be arranged in the order in which accounts are presented in the financial statements, beginning with the balance sheet accounts. (Sổ cái phải được sắp xếp theo thứ tự trình bày các tài khoản trong báo cáo tài chính, bắt đầu từ các tài khoản trên bảng cân đối kế toán.)

The number and types of accounts used by different business enterprises are the same if generally accepted accounting principles are being followed by the enterprises.

Posting is the process of proving the equality of debits and credits in the trial balance.

After a transaction has been posted, the reference column in the journal should not be blank

The double- entry system is a logical method for recording transactions and results in equal amounts for debts and credits for each transaction.

The normal balance of an expense is a credit

The journal provides a chronological record of transactions

The ledger is merely a bookkeeping device and therefore does not provide much useful date for management

The chart of accounts is a listing of the accounts and the account numbers which identify their location in the ledger

The primary purpose of a trial balance is to prove the mathematical equality of the debits and credits after posting

The trial balance will not balance when incorrect account titles are used in journalizing or posting