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