click below
click below
Normal Size Small Size show me how
Accounting Ch.3
Term | Definition |
---|---|
Journal | A form recording transactions in chronological order |
Journalizing | Recording transactions in a journal |
Entry | Information for each transaction recorded in a journal |
General Journal | A journal with two amount columns in which all types of entries can be recorded |
Double-Entry Accoutning | The recording of debit and credit parts |
Source Document | A business paper from which information is obtained for a journal entry |
Check | A business form ordering a bank to pay cash from a banking account |
Invoice | A form describing goods or services sold, teh quantity, and the price |
Sales Invoice | An invoice used as a source document for recording a sale on account |
Receipt | A business form giving written acknowledgement for cash received |
Memorandum | A form on which a brief message is written describing the transaction |