Match the letter with the definition that corresponds to the following E.

E. A record used as the basis for analyzing and recording transactions.

terms: Examples include invoices, check stubs, and receipts.
F. A collection of accounts maintained by a business.
1. Accounting System G. Procedures used for analyzing, recording, classifying, and summarizing
2. Debit the information to be presented in accounting reports.
3. Credit H. An entry on the left side of an account.
4. Transactions I. Procedures and methods used, including data processing equipment, to
5. Double-Entry Accounting collect and report accounting data.
6. Journal Entry J. An accounting record used to record all business activities for which a
7. Journals special journal is not maintained.
8. Accounting Process (or cycle) K. The process of summarizing transactions by transferring amounts from
9. Special Journals the journals to the ledger accounts.
10. General Journal L. The grouping of supporting accounts that in total equal the balance of a
11. Account control account in the general ledger.
12. Ledger M. The general ledger account that summarizes the detailed information in
13. Posting a subsidiary ledger.
14. General Ledger N. A collection of all the accounts used by a business that could appear on
15. Subsidiary Ledger the financial statements.
O. A system of recording transactions in a way that maintains the equality of
A. Exchanges of goods or services between/among two or more entities or the accounting equation.
some other event having an economic impact on a business enterprise. P. Records in which transactions are first entered, providing a chronological
B. An accounting record used to list a particular type of frequently recurring record of business activity.
transaction. Q. The recording of a transaction in which debits equal credits. It usually
C. A record used to classify and summarize the effects of transactions. includes a date and an explanation of the transaction.
D. An entry on the right side of an account.