"Glencoe Accounting: Real-World Applications & Connections," Vocabulary from Chapter 7

This list focuses on posting journal entries to general ledger accounts (Unit 2, Chapter 7).

Here are links to all the chapters of Unit 2, The Basic Accounting Cycle: Chapter 3, Chapter 4, Chapter 5, Chapter 6, Chapter 7, Chapter 8, Chapter 9, Chapter 10, Chapter 11

Here are links to all the units of the first-year accounting textbook published by McGraw-Hill: Unit 1, Unit 2, Unit 3, Unit 4, Unit 5, Unit 6, Appendixes
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Full list of words from this list:

words only definitions & notes
  1. general
    not specialized or limited to one class of things
  2. ledger
    a record in which commercial accounts are recorded
  3. prove
    establish the validity of something
  4. transpose
    change the order or arrangement of
  5. error
    part of a statement that is not correct
  6. decimal
    a number in a system based on ten
  7. vary
    become different in some particular way
  8. impact
    a forceful consequence; a strong effect
  9. summarize
    briefly present the main points of something
  10. assurance
    a statement intended to inspire confidence
  11. reference
    code that identifies where a piece of information is stored
  12. column
    a vertical array of numbers or other information
  13. verify
    confirm the truth of
  14. prepare
    to make ready verbally for written or spoken delivery
  15. current
    occurring in or belonging to the present time
Created on Wed Oct 19 16:38:29 EDT 2016 (updated Fri Oct 21 17:42:18 EDT 2016)

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