Question: Name: Dasilan Ba Class: Busad 201 Section. 1. Key Vocabulary - Define the and how each relates to accounting: Account Chart of Accounts T-Account

Name: Dasilan Ba Class: Busad 201 Section. 1. Key Vocabulary - Define

Name: Dasilan Ba Class: Busad 201 Section. 1. Key Vocabulary - Define the and how each relates to accounting: Account Chart of Accounts T-Account . Trial Balance . Journal or General Journal Credit Debit . Posting . Ledger or General Ledger . Source Documents 2. Provide an example of a common General Ledger Account that is: An Asset A Liability A part of Equity 3. Write the Extended Accounting Equation and indicate the Normal Balance for each component Study Guide Created for Financial Accounting - Chapter 2 Dr. Nancy Sill, CPA

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