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Accounting Chapter 3
vocab
13
Accounting
9th Grade
01/20/2009

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Cards

Term
Journal
Definition
 A form for recording transactions in chronological order.
Term
Journalizing
Definition
Recording transactions in a journal.
Term
Special Amount Columns
Definition
A journal amount column headed with an account title.
Term
General Amount Columns
Definition
A journal amount column headed with an account title.
Term
Entry
Definition
Information for each transaction recorded in a journal.
Term
Double-Entry Accouting
Definition
The recording of debit and credit parts of a transaction.
Term
Source Document.
Definition
A business paper from which information is obtained for a journal entry.
Term
Check
Definition
A business form ordering a bank to pay cash from a bank account.
Term
Invoice
Definition
A form describing the goods or services sold, the quantity, and the price.
Term
Sales Invoice
Definition
An invoice used as a source document for recording a sale on account.
Term
Receipt
Definition

A business form giving written acknowledgement for cash recieved.

 

Term
Memorandum
Definition
A form on which a brief message is written describing a transaction.
Term
Proving Cash
Definition
Determining that the amount of cash agrees with the accounting records
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