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Match the Following Prefixes with Their Meanings

question 33

Multiple Choice

Match the following prefixes with their meanings:

-with


Definitions:

Post Reference Notation

An alphanumeric or numeric code used in accounting to indicate a journal entry has been posted to a particular ledger account.

Journal

A chronological record of all financial transactions, used to transfer information to the general ledger in the accounting process.

Journal Entries

Records of financial transactions in the accounting system, ensuring that the debit and credit balance.

Debit

A financial record that leads to a rise in assets or a reduction in liabilities on the balance sheet of a company.

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