matching

2 3 4 5 6 7 B 9 A.)Chart of Accounts B.)Closing entries C.)Compound Entry D.)Debit E) Federal Insurance Contribution Act F.) Fiscal year G.) General Joumal H)General ledger L) Generally Accepted Accounting Principles J.) Gross Pay K ) Gross profit L.) Income summary M) Fraud N) Net sales 0) NSF 9 1 An entry that involves three or more accounts. 2 Transferring joumal entries to ledger accounts. 3 A set of guideline and rules on how to report accounting information 4A list of all the accounts used by an enterprise. A record of increases and decreases in specific assets, liabilities, and S owner's equity items Left side of an account A book of original entry 8 A revenue not yet recognized; collected in advance. An accounting period that is one year in length is referred to as a 10 An optional tool which facilitates the preparation of financial statements 12 11 A temporary account used in the closing process Entries at the end of an accounting period to transfer the balances of 12 temporary accounts to a permanent owner's equity account 14 13 An incentive to encourage customers to pay their accounts early 15 14 Sales revenue less sales retums and allowances and sales discounts. 16 15 Net sales less cost of goods sold. A dishonest act by an employee that results in personal benefit to the 17 16 employee at the cost of the employer 18 17 Check which has been retumed by the maker's bank for lack of funds 19 18 A tax deduction for social security and medicare. 20 9 A rate of pay that is at least time and a half 21 20 Total wages eamed before taxes 9 P) Overtime 0) Posting R.) Sales discounts S.) Uneamed Revenue T) Worksheet