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Journalizing Trans.

Journalizing and Posting

Journal a form for recording transactions in chronological order
Journalizing recording transactions in a journal
Special Amount Column a journal amount column headed with an account title
General Amount Column a journal amount column that is not headed with an account title
Entry information for each transaction recorded in a journal
Double-Entry Accounting the recording of debit and credit parts of a transaction
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 bank account
Invoice a form describing the goods or services sold, the quantity, and the price
Sales Invoice an invoice used as a source document for recording sale on account
Receipt a business form giving written acknowledgement for cash
Memorandum a form on which a brief message is written describing a transaction
Proving Cash determining that the amount of cash agrees with the accounting records
Created by: mercerp53