Chapter 8 Vocabulary
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| Accounting Cycle | the series of accounting activities for a one month fiscal period
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| Adjusting Entries | journal entries recorded to update general ledger accounts at the end of the fiscal period
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| Closing Entries | journal entries used to prepare temporary accounts for a new fiscal period
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| Permanent Accounts | accounts used to accumulate information from one fiscal period to the next
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| Post-Closing Trial Balance | a trial balance prepared after closing entries are posted
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| Temporary Accounts | accounts used to accumulate information until it is transferred to the owner's capital account
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
josiekay
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