Chapter 3

Question 0

Journalizing

Answer 0

Recording transactions in a journal

Question 1

Journal

Answer 1

A form for recording transactions in chronological order

Question 2

Special amount column

Answer 2

A journal amount column headed with an account title

Question 3

General amount column

Answer 3

A journal amount column that is not headed with an account title

Question 4

Entry

Answer 4

Information for each transaction recording in a journal

Question 5

Double-entry accounting

Answer 5

The recording of debit and credit parts of a transaction

Question 6

Source document

Answer 6

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

Question 7

Check

Answer 7

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

Question 8

Invoice

Answer 8

A form describing the goods and services sold, the quantity, and the price

Question 9

Sales invoice

Answer 9

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

Question 10

Receipt

Answer 10

A business form given written acknowledgement for cash received

Question 11

Memorandum

Answer 11

A form on which a brief message is written describing a transaction

Question 12

Proving cash

Answer 12

Determining that the amount of cash agrees with the accounting records