Accounting Chapter 8 Matching
the series of accounting activities for a one month fiscal period |
accounts used to accumulate information from one fiscal period to the next |
journal entries used to prepare temporary accounts for a new fiscal period |
accounts used to accumulate information until it is transferred to the owner's capital account |
Post-Closing Trial Balance |
a trial balance prepared after closing entries are posted |
journal entries recorded to update general ledger accounts at the end of the fiscal period |
the series of accounting activities for a one month fiscal period |
accounts used to accumulate information from one fiscal period to the next |
journal entries used to prepare temporary accounts for a new fiscal period |
accounts used to accumulate information until it is transferred to the owner's capital account |
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