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accounting chap 3
| Question | Answer |
|---|---|
| A form for recording transactions in chronological order. (p. 58) | journal |
| 2. Recording transactions in a journal. (p. 58) | journalizing |
| 3. Information for each transaction recorded in a journal. (p. 59) entry | entry |
| 4. The recording of debit and credit parts of a transaction. (p. 59) | double-entry accounting |
| 5. A business paper from which information is obtained for a journal entry. (p. 59) | source document |
| 6. A business form ordering a bank to pay cash from a bank account. (p. 60) | check |
| 7. A form describing the goods or services sold, the quantity, the price, and the terms of sale. (p. 60) | invoice |
| 8. An invoice used as a source document for recording a sale on account. (p. 60) | sales invoice |
| 9. A business form giving written acknowledgement for cash received. (p. 61) | receipt |
| 10. A form on which a brief message is written to describe a transaction. (p. 61) | memorandum |
| 11. Determining that the amount of cash agrees with the accounting records. (p. 79) | proving cash |
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