accounting

2. visual display of a transactions effect on an account
3. transferring information from the journal to the ledger
4. owned company resources which have dollar values
10. right side of the accounting equation(liabilities)
11. balance an account type is always expected to have; the side of the accounting equation where an account is normally found
12. the value of the stockholders claims to the assets of a business
13. money owned by a company
14. earnings for work completed or goods delivered
15. records which collect specific business transactions

1. provides the framework for all accounting events;assets + liabilities + stockholders equity
5. business which works for a customer and does not provide tangible goods
6. collection of all accounts in a business
7. form for recording transactions in chronological order
8. payments made to help the company earn revenue
9. left side of the accounting equation (assets)