Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
13 Cards in this Set
- Front
- Back
Journal |
A form for recording transactions in chronological order |
|
Journalizing |
recording transactions in a journal |
|
Special Amount Column |
A journal amount column headed with an account title -Used for accounts that are used frequently in the business -Cash - Sales |
|
General Amount Column |
A journal amount column that is not headed with a account title(general) |
|
Entry |
Information for each transaction recorded in a journal |
|
Double-Entry Accounting |
Recording debit and credit parts for each transaction that occurs in a busineess |
|
Source Documents |
A business paper from which information is obtained for a journal entry -Checks -Sales Invoice -Purchase Invoice -Receipt -Memos |
|
Check |
A business form ordering a bank to pay cash from a bank account |
|
Invoice |
A form describing the goods or services sold, the quality, and the price |
|
Sales Invoice |
An invoice used as a source document for a sale on account |
|
Receipt |
A business form giving written acknowledgment for cash received |
|
Memorandum |
A form on which a brief message is written describing a transaction |
|
Proving Cash |
Determining that the amount of cash agrees with the accounting records |