Accounting Chapter 3
Help!
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| Journal | A form for recording transactions in chronological order
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| Journalizing | Recording transactions in a journal
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| Entry | Information for each transaction recorded in a journal
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| General Journal | A journal with two amount columns in which all kinds of entries can be recorded. Entries are recorded here before they are posted to the appropriate accounts.
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| Chronological Record | Transactions are recorded in a journal in order by date
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| Double-Entry Accounting | The recording of debit and credit parts of a transaction
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| Source Document | A business paper from which information is obtained for a journal entry
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| Objective Evidence | Information based on facts that can be proved through analysis, measurement, observation, and other such means of research
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| Check | A business form ordering a bank to pay cash from a bank account
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| Sales Invoice | A form describing the goods/services sold, the quantity, and the price
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| Receipt | A business form giving written acknowledgement for cash received
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| Memorandum | A form on which a brief message is written describing the transaction
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| Calculator Tape | Can be used to show proof of a whole days sales-often used by a smaller business
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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