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Financial Statements
Adjusting/Closing Entries
Posting
The Accounting Cycle
Accounting Vocabulary
100
a financial statement showing the revenue and expenses for a fiscal period is called?
What is an income statement
100
Journal entries recorded to update general ledger accounts at the end of a fiscal period are called?
What is an adjusting entry
300
What is the order of posting entries
What is SEID
300
What accounts do you put into a general ledger
What is any account that is on the journal
300
After posting to a journal where do you transfer that information to
What is a general ledger
500
The series of accounting activities included in recording financial information for a fiscal period called
What is Accounting Cycle