165.Match the following terms with the appropriate definitions.
1. A column in journals where individual account numbers are entered when entries are posted to ledger accounts.
2. A written promise from a customer to pay a definite sum of money on a specified future date.
3. The most flexible type of journal, it can be used to record any kind of transaction.
4. A simple form used as a helpful tool in understanding the effect of transactions and events on specific accounts.
5. A list of all accounts used by a company and the identification number assigned to each account.
6. Liabilities created when customers pay in advance for products or services; satisfied by delivering the products or services in the future.
7. The process of transferring journal entry information to the ledger.
8. A journal entry that affects at least three accounts.
9. A record of the increases and decreases in a specific asset, liability, equity, revenue, or expense item.
10. A list of accounts and their balances at a point in time; the total debit balances should equal the total credit balances.