Tuesday, January 22, 2013

CHP 4 - Higher Vocab

Using the list on the back wall define the following words.

Blunderbuss -

Hamper -

Bolster -

Headstrong -

Enigma -


Recording post reference

What are the 3 purposes served by recording post reference numbers in journals and accounts?

New account

What number is assigned to a new account inserted in a chart of accounts between accounts numbered 540 and 550?

Opening an Account

What are the 2 steps for opening an account?

Posting special amount

What is done to indicate that a special amount column total in a journal has been posted?

Posting general amount

What is done to indicate that the general amount column totals are not posted?