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Accounting Chapter 3

Journalizing Transactions

QuestionAnswer
A form for recording transactions in chronological order. Journal
Recording transactions in a journal. Journalizing
A journal amount column headed with an account title. Special Amount Column
A journal amount column that is not headed with an account title. General Amount Column
Information for each transaction recorded in a journal. Entry
The recording of debit and credit parts of a transaction. Double Entry Accounting
Business paper from which information is obtained for a journal entry. Source Document
A business form ordering a bank to pay cash from a bank account. Check
A business form giving written acknowledgement for cash recieved. Receipt
A form on which a brief message is written describing a transaction. Memorandum
A form describing the goods or services sold, the quantity and the price. Invoice
An invoice used as a source document for recording a sale on account. Sales Invoice
Created by: CCarrico
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