Fill in the Blank Questions 196. The second step in the analyzing and recording process is to record the transactions and events in the _____________________________. 197. The third step...







Fill in the Blank Questions









196. The second step in the analyzing and recording process is to record the transactions and events in the _____________________________.







197. The third step in the analyzing and recording process is to post the information to _________________________.







198. _________________ identify and describe transactions and events and provide objective evidence and amounts for recording.







199. Revenues and expenses are two categories of ____________________ accounts.







200. The _______________________ is a record containing all accounts (with balances) used by a company.







201. The three general categories of accounts in a general ledger are __________________, _________________ and __________________________.







202. ___________________ is a promise of payment from customers to sellers.







203. Unearned revenue is classified as _______________ that is satisfied by delivering products or services in the future.







204. The four categories of equity accounts are _____________________, __________________, ______________________ and ______________________.







205. A _______________ is a list of all the accounts used by a company and their identification codes.











May 15, 2022
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