Chapter 3 Flashcards
check
a business form ordering a bank to pay cash from a bank account
a business form ordering a bank to pay cash from a bank account
check
double-entry accounting
the recording of debit and credit parts of a transaction
the recording of debit and credit parts of a transaction
double-entry accounting
entry
information for each transaction recorded in a journal
information for each transaction recorded in a journal
entry
general journal
a journal with two columns in which all kinds of entries can be recorded
a journal with two columns in which all kinds of entries can be recorded
general journal
invoice
a form describing the goods or services sold, the quantity, and the price
a form describing the goods or services sold, the quantity, and the price
invoice
journal
a form for recording transactions in chronological order
a form for recording transactions in chronological order
journal
journalizing
recording transactions in a journal
recording transactions in a journal
journalizing
memorandum
a form on which a brief message is written describing a transaction
a form on which a brief message is written describing a transaction
memorandum
receipt
a business form giving written acknowledgement for cash received
a business form giving written acknowledgement for cash received
receipt
sales invoice
an invoice used as a source document for recording a sale on account
an invoice used as a source document for recording a sale on account
sales invoice
source document
a business paper form which information is obtained for a journal entry
a business paper form which information is obtained for a journal entry
source document
