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Accounting 1 Chapter 3

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
A form for recording transactions in chronological order   Journal  
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Recording transactions in a journal   Journalizing  
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A journal amount column headed with an account title   Special Amount Column  
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A journal amount column that is not headed with an account title   General Amount Column  
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Information for each transaction recorded in a journal   Entry  
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The recording of debit and credit parts of a transaction   Double-entry accounting  
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A business paper from which information is obtained for a journal entry   Source document  
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When a source document is prepared for each transaction   Objective Evidence  
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A business form ordering a bank to pay cash from a bank account   check  
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A form describing the goods or services sold, the quantity, and the price   invoice  
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An invoice used as a source document for recording a sale on account   sales invoice  
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A business form giving written acknowledgement for cash received   Receipt  
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A form on which a brief message is written describing a transaction   Memorandum  
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Determining that the amount of cash agrees with the accounting records   Proving Cash  
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Indicates that only special amount columns were used in the journal entry   Check Mark  
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Created by: TammieVanScyoc
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