chpt 3 Flashcards
1
Q
a form for recording transactions in chronological order
A
journal
2
Q
recording transaction in a journal
A
journalizing
3
Q
info for each transaction recorded in a journal
A
entry
4
Q
the recording of debit and credit parts of a transaction
A
double entry accounting
5
Q
a business paper from which information is obtained for a journal entry
A
source document
6
Q
a business form ordering a bank to pay cash from a bank account
A
check
7
Q
a form describing the goods or service sold, the quantity, the price, and the terms of sale
A
invoice
8
Q
aan invoice used as a source document for recording a sale on a account
A
sale invoice
9
Q
a business form giving written acknowledge for cash received
A
receipt
10
Q
a form which a brief message is written to describe a transaction
A
memorandum
11
Q
- book of original entry
- permanent record
- record using ink not pencil
- use 00 to denote even dollar amounts
A
preparing journal entry
