Accounting - Chapter 3 Study Guide
Authored by Erin Niebrugge
Specialty
9th - 12th Grade
Used 60+ times
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40 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________________ is used as a source document for recording a sales on account.
check
sales invoice
receipt
entry
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A form of recording transactions in a chronological order.
double entry accounting
journal
source document
memorandum
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a form on which a brief message is written to describe a transaction.
receipt
invoice
memorandum
source document
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Recording transactions in a journal.
double entry accounting
source document
journalizing
memorandum
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A form describing the goods or services sold, the quantity, the price, and the terms of sale.
invoice
memorandum
source document
double entry accounting
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a business form ordering a bank to pay cash from a bank account.
check
receipt
invoice
source document
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
information for each transaction recorded in a journal
entry
double entry accounting
check
receipt
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