chap 4

Question 1

group of accounts

Answer 1

ledger

Question 2

a ledger that contains all accounts needed to prepare a financial statement

Answer 2

general ledger

Question 3

name given to an account

Answer 3

account title

Question 4

number assigned to an account

Answer 4

account number

Question 5

the procedure for arranging accounts in a general ledger and assigning account numbers, nd keeping records current

Answer 5

file maintenance

Question 6

writing an account title and number on the headings of an account

Answer 6

opening an account

Question 7

determines that the amount of cash agrees with the balance of the cash account in the accounting records

Answer 7

proving cash

Question 8

an incorre ct journal entry should be corrected with an additional journal entry

Answer 8

correcting entry