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Chapter 3
Term | Definition |
---|---|
journal | form for recording transaction |
journalization | form recording transaction in a journal |
special amount | column headed with an account |
general amount | column is not headed with an account |
entry | Information for each transaction recorded in a journal |
double entry | recording of debit and credit parts of a transaction |
source doument | business paper from which information is obtained |
check | business form ordering from the bank to pay cash from a bank |
invoice | form describing the goods and services sold the quantity |
sales invoice | invoice used as a source document for recording a sale on account |
receipt | business paper that acknowledged the received of cash |
memorandum | form on which a brief message is written describing a transaction |