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- Q1
The simple form of account.
Asset Account
Major Account
Liability Account
"T" Account
30sABM_FABM11-IIIa-7 - Q2
The process of recording transactions in a journal.
Recording
Journalizing
Posting
Summarizing
30sABM_FABM11-IIIa-7 - Q3
The transferring the records from journal to ledger.
Journalizing
Posting
Interpreting
Analyzing
30sABM_FABM11-IIIa-7 - Q4
The book of original entry.
Cash Receipt Journal
Ledger
Sales Journal
Journal
30sABM_FABM11-IIIa-7 - Q5
The balances with open balances on a debit.
Savings Balances
Account Balances
Debit Balances
Credit Balances
30sABM_FABM11-IIIa-7 - Q6
On the total amount of debit and credit on the trial balance there is always a
Complex rule
Single rule
Double rule
Multi rule
30sABM_FABM11-IIIa-7 - Q7
The normal side of asset is
Credit
Debit
30sABM_FABM11-IIIa-7 - Q8
The normal side of Liabilities
Debit
Credit
30sABM_FABM11-IIIa-7 - Q9
In a DEALER word, what is the second E stand for
Expense
Engage
Equity
Exact
30sABM_FABM11-IIIa-7 - Q10
In a DEALER word what is D stand for
Divided
Dividends
Division
Divisor
30sABM_FABM11-IIIa-7
