General Ledger Jeopardy!!

Recording transactions in a journal

What is Journalizing?

A journal amount column headed with an account title

What is a Special Column?

DAILY DOUBLE

A business form used to make a journal entry

What is a Source Document?

A source document used for recording a sale on account

What is a Sales Invoice?

A group of accounts

What is a Ledger?

A ledger that contains all accounts needed to prepare financial statements

What is a General Ledger?

The number assigned to an account

What is an Account Number?

Arranging accounts in a general ledger, assigning account numbers, and keeping records current

What is File Maintenance?

Writing the account title and number on the heading of an account

What is Opening an Account?

Transferring information from a journal entry to a ledger account

What is Posting?

A journal entry used to correct an incorrect journal entry

What is a Correcting Entry?

The first step in posting

What is Write in the Date?

The last step in the posting process

What is Writing the Account Number in the Posting Reference Column?

The increase side of any account

What is the Normal Balance Side?

The increase side of any Expense Account

What is a Debit?

The account titles of the special columns in a journal

What are Sales and Cash?

DAILY DOUBLE

An accounting device used to analyze transactions

What is a T Account?

Assets = Liabilities + Owner’s Equity

What is the Accounting Equation?

Consumed by chubby vampires at a Halloween party

What is Blood Light?

A witch’s garage

What is a Broom Closet?