Fill in the blanks to review some key definitions.
Rita Bowden is describing the accounting process for a friend who is a philosophy major. Rita states, "The basic summary device in accounting is the _____. The left side is called the _____ side, and the right side is called the _____ side. We record transactions first in a _____. Then we post (copy the data) to the _____. It is helpful to list all the accounts with their balances on a _____."