Let's see if you've got your ducks in a row regarding Accounting and Bookkeeping Terminology.

Instructions: Match the term with the definition: Definition . . Terms Assets Liabilities Expense Accounts Receivable Notes Receivable Inventory Owner's Investments Owner's Drawing Revenue Owner's Equity Debit Credit Accounting Equation Land Buildings Double Entry Accrual Method Furniture Equipment Office Supplies Cash Single Entry Temporary Account Permanent or Real Account Cash Method Debit Credit Work Sheets Invoice Balance Sheet Income Statement Capital Statement Statement of Changes in Financial Position Receiving Report Sales Order Purchase Order Check Book Bank Statement Accounting Bookkeeping Bank Reconciliation Check Posting Profit Property Trial Balance Chart Of Accounts Working Capital Current Liabilities Journal Income Statement Account Contra Account Account T-Account Balance Sheet Account Subsidiary Ledger Closing The Books Current Assets General Ledger Special Journals Loss Select the term that matches the definition Explanation