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Web 5.0 (3 reviews) flashcards. For this reason, when revenue is earned but not yet collected, an accrual. 4.6 (5 reviews) the first digit in the account number 520 means that the account is in the. • makes it more convenient to use as the same types of account are kept together • the task of maintaining the ledger can.
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Learn vocabulary, terms, and more with flashcards, games, and other study tools. Web 1 / 38 flashcards learn test match created by karliechocholek terms in this set (38) ledger a group of accounts general ledger a ledger that contains all accounts needed to prepare financial statements account. Web the cash account is the first assset account and is numbered 100..
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