A Form For Recording Transactions In Chronological Order
Question: Journal
Answer: A form for recording transactions in chronological order.
Question: Journalizing
Answer: Recording transactions in a journal.
Question: Entry
Answer: Information for each transaction recorded in a journal.
Question: General Journal
Answer: A journal with two amount columns in which all kinds of entries can be recorded.
Question: Double-Entry Accounting
Answer: The recording of debit and credit parts of a transaction.
Question: Source Document
Answer: A business paper from which information is obtained for a journal entry.
Question: Check
Answer: A business form ordering a bank to pay cash from a bank account.
Question: Invoice
Answer: A form describing the goods or services sold, the quantity, and the price.
Question: Sales Invoice
Answer: An invoice used as a source document for recording a sale on account.
Question: Receipt
Answer: A business form giving written acknowledgement for cash received.