The amount entered on the left side of the T account

Separate pages or cards in a book that contain the accounts used by a business

Accounts whose balances are carried from one accounting period to the next

The revenue, expense, and withdrawals accounts are examples of

Principle that states revenue is recorded on the date it is earned even if cash has not been received on that date.

An accounting period that begins on January 1 and ends on December 31

How many steps are in the accounting cycle?

The full range of accounting activities a business must complete to keep its accounting records in an orderly fashion

The process of recording business transactions in a journal

A paper that serves as evidence that a transaction occurred

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