Examlex
MATCHING
-the port on a Cisco device that permits direct physical access from a nearby computer using the serial RS-232 protocol
Post-Closing Trial Balance
A list of all active general ledger accounts and their balances after closing entries have been posted, used to check the accuracy of closing procedures.
Closing Entries
Journal entries made at the end of an accounting period to transfer temporary accounts' balances to permanent accounts, preparing the books for the next period.
Journalized
The process of recording business transactions in the journal, which is the first step in the accounting cycle.
Posted
In accounting, "posted" refers to the process of recording a financial transaction in a company's ledger, which then becomes part of the official financial records.
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