Index
456
transaction, defined, 20–22
transposition errors, 95
trial balance
adjusted trial balance, 120–123
post-closing, 149–150
preparing, 94–95
unadjusted, 121
U
unadjusted trial balance, 121
understandability, 66
unearned revenue, 28, 112–114
unlimited liability, 60
unrecorded charges from bank statement,
296–299
unrecorded deposits from bank statement,
294–296
useful life, 117
V
verifiability, 65
vertical analysis, 359–362
voluntary payroll deductions, 329
W
weighted-average cost method, 226, 229–231,
251–252
workers’ compensation, 329, 332, 346–347
working capital, 155, 364
WorldCom, 51
