Parson - Chp 6
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| Accounting cycle | the accounting period of a business is separated into activities that help the business keep its accounting records in an orderly fashion.
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| source document | a paper that is prepared as evidence of a business transaction.
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| Invoice | a bill; a form that lists the quantity, description, unit price, and total cost of the items sold and shipped to a buyer.
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| Receipt | a form that serves as a record of cash received.
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| Memorandum | a brief written message that describes a transaction that takes place within a business.
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| Check stub | a source document that lists the same information that appears on a check and shows the balance in the checking account before and after each check is written.
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| Journal | a record of all transactions fo a business; the are in chronological order
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| Journalizing | the process of recording business transactions in a journal.
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| Calendar year | Period for which a business begins on January 1 and ends on December 31.
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| fiscal year | An accounting period of twelve months.
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| General Journal | an all purpose journal in which all the transactions of a business may be recorded.
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You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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yparson
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