Ch 3 Study Guide

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

• Sales invoice
• Check
• Invoice
• Memorandum

• Receipt

Business form giving written acknowledgement for cash received.

• Receipt
• Check
• Invoice
• Memorandum

• Sales Invoice

Business form ordering a bank to pay cash from a bank account.

• Check
• Invoice
• Sales Invoice

• Memorandum

• Receipt

Business paper from which information is obtained for a journal entry.

• Source document
• Double-entry accounting
• Entry
• Journalizing

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

• Invoice
• Check
• Sales Invoice

• Receipt

• Memorandum

Form for recording transactions in chronological order.

• Journal
• Double-entry accounting
• Entry
• Journalizing

Form on which a brief message is written to describe a transaction.

• Memorandum
• Check
• Invoice
• Sales Invoice

• Memorandum

Information for each transaction recorded in a journal.

• Entry
• Check
• Double-entry accounting
• Invoice
• Journal

Recording transactions in a journal.

• Journalizing
• Check
• Double-entry accounting
• Entry
• Invoice

The recording of debit and credit parts of a transaction.

• Double-entry accounting
• Check
• Entry
• Invoice
• Journal