chapter 3

Question 1

A from for recording transactions in chronological order

Answer 1

Journal

Question 2

Recording transaction in a journal

Answer 2

Journalizing

Question 3

Information for each transaction recorded in a journal

Answer 3

Entry

Question 4

Recording of debit and credit parts of a transaction

Answer 4

double-entry accounting

Question 5

A business paper from which information is obtained for a journal entry

Answer 5

Source document

Question 6

business from ordering a bank to pay cash from a bank account

Answer 6

check

Question 7

form device describing the goods or services sold, the quantity, the price, and the terms of sale

Answer 7

invoice

Question 8

an invoice used as a source document for recording a sale on account

Answer 8

sales invoice

Question 9

business form giving written acknowledgment for cash received

Answer 9

receipt

Question 10

form on which a brief message is written to describe a transaction

Answer 10

memorandum

Question 11

book or original entry
permanent record
record using ink not pencil
use “00” to denote even dollar amounts

Answer 11

preparing journal entry