Fill in the Blanks: Chapter Two

1. The general ledger is comprised of numerous individual asset, liability, equity, revenue, and expense .

2. A liability account should be increased with a and decreased with a .

3. The normal balance of an expense account is a balance.

4. The normal balances of accounts correspond to the fundamental .

5. Evidence of transactions is often provided by the receipt or issuance of accounting forms known as .

6. In any transaction, total debits must .

7. To record the payment of a previously established account payable requires a to the Accounts Payable account.

8. A is a listing of the general ledger accounts along with the dollar balances contained therein.

9. The individual accounts in a general ledger are frequently assigned a number according to the .