Match the terms in Column I with the definitions in Column II.
Question 25 answers
proof of the ledger
worksheet
net income
financial statements
closing entries
output of accounting cycle
post closing trial balance
a check returned for insufficient funds
statement of cash flow
income summary
closing entries
source documents
check
dishonored check
matching principles
A.
first accounting procedure with accounting cycle
B.
temporary account
C.
trial balance
D.
organizes information from the income statement and balance sheet
E.
sources and uses of cash
F.
financial statement
G.
last accounting procedure with accounting cycle
H.
written order from a depositor to bank
I.
closing the temporary accounts
J.
income statement
K.
summary of changes of business transactions
L.
a returned check
M.
a bounced check
N.
matching expenses incurred with the revenue earned
O.
summarize the revenue and expenses