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GlenCoAcctng Chpt 6
Question | Answer |
---|---|
Invoice | Type of source document that lists specfic infomration about a business transaction involving the buying aor selling of an item |
Receipt | A source document that records cash being received by the business. |
Memorandum | A source document that has a brief message that describes a transaction that takes place within a business. |
Check Stub | A source document that lists the same information that appears on a check that the business has used to purchase something. |
Accounting Cycle | 9 Steps that help the business keep its accountig records in an orderly fashion. |