Match the Terms with the Definitions

question 31

Multiple Choice

Match the terms with the definitions.
-​Entering the transactions in a journal.

• A)book of original entry
• B)chart of accounts
• C)compound entry
• D)correcting entry
• E)cross-reference
• F)four-column account
• G)general ledger
• H)journal
• I)journalizing
• J)posting
• K)ruling method
• L)slide error
• M)source document
• N)transposition error
• O)trial balance

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Definitions:

Testimony

A formal statement or declaration made under oath, typically in a court of law.

Property Appraiser

A professional who assesses the value of real estate, ensuring accurate property taxation and aiding in real estate transactions.

Federal Arbitration Act

A United States law that provides the legal foundation for the enforcement of arbitration agreements and outlines arbitration procedures.

Employment Contracts

Legally binding agreements between employers and employees that outline terms of employment, duties, compensation, and termination conditions.