posting
The recording of transactions and events in the general ledger at the end of an accounting period. [...]
non-adjusting event
A post balance sheet event that concerns conditions that did not exist at the balance sheet date. [...]
normal account balance
The side of the T-account that increases by the rules of debit and credit. [...]
managerial accounting
Accounting performed to provide information on a company to its management, who use the reports it generates to run the business, set budgets for futu [...]
journal entry
The recording of a transaction or event into a journal, showing the accounts, the amounts to be debited and credited, the date, and an explanation. [...]
journalizing
The process of entering the transactions or events into a journal. [...]
