Relier Pairs General Journal & General ReviewVersion en ligne Match the information or term from column a, with the one that corresponds in column b. par Janelle Vernon 1 Periodicity of Recording Transactions 2 Basic Accounting Equation 3 4 Chart of Account 5 Withdrawal Account 6 Purchase on Credit, on account means.... 7 General Journal Review Process 8 9 General Journal 10 When recording a transaction, this side must be recorded first Increases on the Dr Side Decreases on the Cr Side Normal Balance Debit List of every account in the general ledger of an accounting system. Assets=Liabilities + Owner's Equity The amount due to the supplier will be paid after (at a later date) Is what the business owes Transactions must be recorded daily as they occur
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