Instructions: _∙ Identify Each Item. Give an Explanation or Description of of the Item

question 39

Essay

Instructions:
_∙ Identify each item. Give an explanation or description of the item. Answer the questions who, what, where, and when.
Explain the historical significance of each item. Establish the historical context in which the
_∙ item exists. Establish the item as the result of or as the cause of other factors existing in the society under study. Answer this question: What were the political, social, economic,
and/or cultural consequences of this item?
-movable type and the printing press

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Definitions:

Special Journals

Customized accounting journals used to categorize and record specific types of financial transactions efficiently.

Crossfooting

A method used in accounting to check the arithmetic accuracy of figures by adding columns of numbers both vertically and horizontally and comparing the totals.

Equality

In accounting, the concept that the sum of debits must equal the sum of credits in a transaction.

Subsidiary Ledger

A detailed ledger that contains all the transaction details of a specific account, which is summarized in the general ledger.