b) Question 2 [10 points) Choose the term that best matches each of the following descriptions a) ed answer The left side of a T-account A simplified account that is often used as a teaching matning tool to show increases and decreases in an account c) www The process of recording a financial transaction in the journal Arecord that contains all of a business accounts, e) Selection or A formal variation of the account v Thorosulting debit and credit entry recorded in the journal from joumalizing An internal document that lists all the account balances at a point in time h) Set The sequence beginning with the Journalzing of the transactions and ending with the communication of financial information in financial statements An entry having more than one debitor credit d) Sector f) wer a) select answer 1) Star Select an wel A document that is used to chronologically record a business's debit and credit transactions select answer select answer Account Account balance Accounting cycle Chart of accounts Compound entry Credit Debit Double-entry accounting General journal or journal General ledger or ledger Journal entry Journalizing Ledger account Normal balance Posting T-account Trial balance