Examlex
The Maudsley approach initially attempts to focus on:
Transactions
Business activities or events that have a financial impact on the finances of a company, recorded in the accounting records.
T-Accounts
A graphic representation of financial transactions in the general ledger of a double-entry bookkeeping system where the left (debit) and right (credit) sides reflect different types of transactions.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that should match.
General Journal Entries
Recorded accounting transactions in the general journal that detail the financial activities of a business.
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