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Provided Below Is a List of Definitions and Terms

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Provided below is a list of definitions and terms. Match them by placing the letter that identifies the best definition in the blank space next to each term.
_____ 1. General journal
_____ 2. Chart of accounts
_____ 3. Note receivable
_____ 4. T-account
_____ 5. Unearned revenues
_____ 6. Compound journal entry
_____ 7. Posting reference column
_____ 8. Posting
_____ 9. Account
_____ 10. Trial Balance
A. A simple form used as a helpful tool in understanding the effect of transactions and events on specific accounts.
B. The most flexible type of journal, it can be used to record any kind of transaction.
C. A journal entry that affects at least three accounts.
D. A written promise from a customer to pay a definite sum of money on a specified future date.
E. A record of the increases and decreases in a specific asset, liability, equity, revenue, or expense item.
F. A list of all accounts used by a company and the identification number assigned to each account.
G. The process of transferring journal entry information to the ledger.
H. A list of accounts and their balances at a point in time; the total debit balances should equal the total credit balances.
I. A column in journals where individual account numbers are entered when entries are posted to ledger accounts.
J. Liabilities created when customers pay in advance for products or services; satisfied by delivering the products or services in the future.

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