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| The sources of accounting information |
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| An increase in an asset and expense account, and decrease in a liability, owner's capital, and revenue account; recorded on the left side of the T account |
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| The process of transferring journal entry information to the ledger |
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| An accounting system where each transaction affects and is recorded in at least two accounts; the sum of the debits for each entry must equal its credits |
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| A file containing all accounts of a company and their balances |
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| A company's record of each transaction in one place that shows debits and credits for each transaction |
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| A record of the increases and decreases in a specific asset, liability, equity, revenue, or expense item |
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| Decrease in an asset and expense account, and increase in a liability, owner's capital and revenue account; recorded on the right side of a T-account |
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| A simple account form used as a helpful tool in showing the effects of transactions and events on specific accounts |
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| Another name for the accounting books, or simply the books |
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