Multiple Choice
Match the items by choosing the appropriate code letter :
-An accounting record of increases and decreases in individual specific assets, liabilities and equity items.
A) Account
B) Debit
C) Credit
D) Revenue account
E) Ledger
F) Journal
G) Posting
H) Chart of accounts
I) Trial balance
J) Source document
Correct Answer:

Verified
Correct Answer:
Verified
Q54: The accounts in the trial balance of
Q55: For each item below, indicate whether a
Q56: When a business receives an unpaid electricity
Q57: For each item below, indicate whether a
Q58: For each item , indicate whether a
Q60: Match the items by choosing the appropriate
Q61: During an accounting period, a business has
Q62: The accounts in the trial balance of
Q63: Match the items by choosing the appropriate
Q64: Under a double-entry accounting system, show how