Match the Term with Its Definition

Multiple Choice

Match the term with its definition.(There are more definitions than terms. )
-Chart Of Accounts

A) A summary of account names and numbers.
B) A simplified version of an account in the General Ledger.
C) Compares balance sheet items from two different time periods.
D) When a dollar value is assigned to an item recorded in the accounting system.
E) A journal entry that lowers the balance of the account.
F) An amount that is posted on the left side of a T-account or ledger.
G) The concept that a company must keep separate accounts by time period.
H) An amount that is posted on the right side of a T-account or ledger.
I) Assets are initially recorded at the amount paid to acquire them.
J) When journal entries are recorded in the appropriate T-account or ledger.
K) When a company's balance sheet has been verified by an outside auditor.
L) The principle that a company should use the least optimistic measure,when uncertainty exists.
M) The concept that any transaction must have at least two effects on the accounting equation.
N) The mechanism used to record each transaction in the General Journal.