Match the Terms with the Definitions $T$ Account
J) Trial Balance

question 80

Multiple Choice

Match the terms with the definitions.

-The total dollar amounts on the debit and credit sides of an account.

• A) balance
• B) credit
• C) credit balance
• D) debit
• E) debit balance
• F) double-entry accounting
• G) footings
• H) normal balance
• I) \( T \) account
• J) trial balance

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Definitions:

Check Register

A record book or ledger that tracks all checks written, deposits made, and current balance of a checking account, aiding in personal financial management.

Bank Statement

A document provided by a bank that summarizes an account's transactions and balances over a specified period.

Outstanding Checks

Checks that have been written and recorded in accounting but not yet cleared or cashed by the bank.

Service Charge

An additional fee added to a customer's bill for the provision of certain services.