Examlex
Affect can be positive or negative and relate to any kind of subjective evaluation of an object.
Posting
The process of transferring journal entry information to the ledger, ensuring every debit and credit transaction is recorded in the correct accounts.
Transposition Error
A mistake that occurs when two digits within a number are inadvertently reversed during data entry or recording.
Journal Entry
A record of a financial transaction in the accounting books.
Trial Balance
A bookkeeping worksheet where the balances of all ledgers are compiled into debit and credit account columns to check the accuracy of the financial transactions recorded.
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