Chapter 3 - Accounting I

Information for each transaction recorded in a journal.

• check

• entry

• double-entry accounting

• receipt

Recording transactions in a journal.

• invoice

• memorandum

• source document

• journalizing

A form on which a brief message is written to describe a transaction.

• memorandum

• invoice

• receipt

• check

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

• invoice

• receipt

• check

• memorandum

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

• check

• source document

• receipt

• entry

A form for recording transactions in chronological order.

• entry

• journal

• double-entry accounting

• journalizing

An invoice used as a source document for recording a sale on account.

• sales invoice

• receipt

• check

• journal

A business form giving written acknowledgement for cash received.

• sales invoice

• source document

• receipt

• invoice

The recording of debit and credit parts of a transaction.

• journalizing

• source document

• double-entry accounting

• journal

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

• invoice

• memorandum

• receipt

• sales invoice