3-7b Chapter 3 Matching a. Transactions report Entity to whom you sell products/services Account used to offset beginning balances adjustments Merchandise a company purchases from a vendor b. Trial balance C. Journal entry Opening Balance Equity d. Efforts made by a company to add value to a customer A listing of the debit or credit balances as of a specific date Dictates where an account appears in all reports Customer e. f. Vendor g. Product 1 Service Transactions for an account for a specified period Entity from whom you purchase products/services Checking Commonly used to adjust accounts Category Type I Detailed type example