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Related Flashcards
Related Topics
Cards In This Set
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Journal
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- a form of recording transactions in chronological order
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Journalizing
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- recording transactions in a journal
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Entry
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- info for each transaction recorded in a journal
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General journal
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- a journal with two amount columns in which al kinds of entries can be recorded
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Double entry accounting
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-the recording of debit and credit parts of a transaction
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Source document
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A business paper from which info is obtained for a journal entry
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Check
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- a business form ordering a bank to pay cash from a bank account
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Invoice
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-a form describing the goods or services sold the quantity and the prince
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Sales invoice
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- an invoice used as a source document for recording a sale on account
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Receipt
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- a business form giving written acknowledgement for cash received
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Memorandum
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- a form on which a brief message is written describing a transaction
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