Accounting Chapter 3

A form on which a brief message is written describing a transaction.

• Memorandum

• Double-Entry Accounting

• Entry

• Check

Recording transactions in a journal.

• Source Document

• Journalizing

• Sales Invoice

• Receipt

The recording of debit and credit parts of a transaction.

• Receipt

• Memorandum

• Double-Entry Accounting

• Source Documents

A business form giving written acknowledgement for cash RECEIVED.

• General Journal

• Memorandum

• Sales Invoice

• Receipt

A form for recording transactions in chronological order.

• Journal

• Check

• Receipt

• Source Document

A journal with two amount columns in which all kinds of entries can be recorded.

• Sales Invoice

• General Journal

• Source Document

• Entry

A form describing the goods or services sold, the quantity, and the price.

• Check

• Receipt

• Invoice

• Memorandum

Information for each transaction recorded in a journal.

• Entry

• Check

• Invoice

• Receipt

A business paper from which information is obtained for a journal entry.

• Double-Entry Accounting

• General Journal

• Journal

• Source Document

A business form ordering a bank to pay cash from a bank account.

• Journal

• Check

• Memorandum

• Invoice