Summary of the effects of all transactions related to a particular item over a period of time.
account
List of accounts and their balances.
trial balance
Transfer balances from the journal to the general ledger
posting
Record of all transactions affecting a company.
journal
Determine the dual effect of business events on the accounting equation.
analyze transactions
A simplified form of a general ledger account with space at the top for the account title, one side for recording debits, and one side for recording credits.