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Biblioteka

BAF 3M 🏁 Ch. 7 RETAKE A

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Posljednje ažuriranje almost 2 years ago
7

Part 1: Fill in the Blank

Word Bank!

balance

correcting journal entry

credit

crossing out

debit

five

forwarding

immediately above

one

posting

3
1
1
2
1
2
2
Pitanje 1
1.

The balance column account has three money columns, one for each of the following: , , and

Pitanje 2
2.

A definition of is to transfer information about transactions from a journal to a ledger.

Pitanje 3
3.

The process of continuing an account or a journal on a new page by carrying forward all relevant information from the completed page is known as .

Pitanje 4
4.

An error found soon after it is made is corrected by the error and writing the correct amount .

Pitanje 5
5.

An error found after quite some time requires a(n) .

Pitanje 6
6.

There are six steps in posting. The number of steps completed in the ledger is and in the journal is .

Pitanje 7
7.

If a $335 debit item in the general journal is posted as a credit, by how much will the trial balance be out of balance? Explain how you might detect such an error.