A form of recording transactions in a chronological order.

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

Recording transactions in a journal.

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

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

information for each transaction recorded in a journal

a business form for giving written acknowledgement for cash received.

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

the recording of debit and credit parts.

The Objective Evidence accounting concept requires that there be proof that a transaction did occur.

A receipt is the source document for cash received from transactions other than sales.

The title of the account debited in a journal is indented

Each journal entry requires at least two lines.

To correct an error in a journal, one can simply erase the incorrect item and write the correct item in the same place

Transactions are recorded in a journal in chronological order.

The source document for cash payment transactions is a check.

A complete journal entry consists of the date, the debit amount, the credit amount, and a source document.

The day of the month is written only once on a journal page.

When an entry in an amount column is an even dollar amount, either “00” or “--” can be entered in the cents column.

Every business uses the same journal to record transactions.

A journal page is complete when there is insufficient space to record any more entries.

Select the two accounts that are affected for the following transaction: Received cash from owner as an investment, $10,000.00.

Paid cash for one month’s rent, $2,400.00.

Bought supplies on account from Superior Pipe, $3,000.00.

Paid cash for insurance, $1,200.00.

Paid cash for supplies, $800.00.

Paid cash on account to Superior Pipe, $1,000.00.

Sold services on account to Kay’s Café, $850.00

Received cash from sales, $900.00.

Paid cash on account to Superior Pipe, $1,000.00.

Received cash on account from Kay’s Café, $500.00.

Received cash from sales, $650.00.

Received cash from sales, $775.00.

Sold services on account to Kay’s Cafe, $1,500.00.

Paid cash for electricity, $435.00.

Received cash on account from Kay’s Café, $500.00.

Paid cash for delivery fees (Miscellaneous Expense), $25.00.

Paid cash on account to Superior Pipe, $1,000.00.

Paid cash to owner for personal use, $3,000.00.