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12 Cards in this Set
- Front
- Back
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Journal
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recording transactions in chronological order.
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Journalizing
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recording transactions in a journal
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Special Amount Column
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multi column journal that has five amount columns
1. General Debit 2. General Credit 3. Sales Credit 4. Cash Debit 5. Cash Credit |
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General Amount Column
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journal amount column that is not headed with an account title.
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Entry
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information for each transaction recorded in a journal
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Double-Entry Accounting
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the recording and the credit parts of a transaction
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Source Document
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a business paper from which information is obtained for a journal enrty
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Check
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a business form ordering a bank to pay cash from a banks account
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Invoice
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a form describing the goods or services sold, the quantity, and the price
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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 recieved
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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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