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Accounting.

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Term
Definition
Accounting Cycle   The accounting period of a business is separated into activities called...  
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Calendar Year   If the fiscal year for a business begins on January 1 and end December 31st it is called...  
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Check stub   List the same information that appears on a check: the date written, the person or business to whom the check was written, and the amount on the check.  
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Fiscal year   An accounting period of 12 months.  
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general journal   All purpose journal in which all the transactions of a business may be recorded  
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invoice   Lists specific information about a business transaction involving the buying or selling of an item on account.  
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journal   Is a record of the transaction of a business. Kept in chronological order.  
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journalizing   The process of recording the transactions in a journal.  
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memorandum   A brief written message that describes a transaction that takes place within a business.  
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receipt   A record of cash received by a business.  
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source document   When a business transaction occurs, a paper is prepared as evidence of that transaction  
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Created by: Jdegolier16
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