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The amount entered on the left side of the T account
Permanent
nine
temporary capital accounts
Source Document
Debit
Revenue Recognition
Ledger
Accounting Cycle
The full range of accounting activities a business must complete to keep its accounting records in an orderly fashion
Permanent
nine
temporary capital accounts
Source Document
Debit
Revenue Recognition
Ledger
Accounting Cycle
Accounts whose balances are carried from one accounting period to the next
Permanent
nine
temporary capital accounts
Source Document
Debit
Revenue Recognition
Ledger
Accounting Cycle
How many steps are in the accounting cycle?
Permanent
nine
temporary capital accounts
Source Document
Debit
Revenue Recognition
Ledger
Accounting Cycle
The revenue, expense, and withdrawals accounts are examples of
Permanent
nine
temporary capital accounts
Source Document
Debit
Revenue Recognition
Ledger
Accounting Cycle
Separate pages or cards in a book that contain the accounts used by a business
Permanent
nine
temporary capital accounts
Source Document
Debit
Revenue Recognition
Ledger
Accounting Cycle
Principle that states revenue is recorded on the date it is earned even if cash has not been received on that date.
Permanent
nine
temporary capital accounts
Source Document
Debit
Revenue Recognition
Ledger
Accounting Cycle
A paper that serves as evidence that a transaction occurred
Permanent
nine
temporary capital accounts
Source Document
Debit
Revenue Recognition
Ledger
Accounting Cycle
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