| A | B |
|---|
| General journal | A journal with two amount columns in which all kinds of entries can be recorded. |
| Entry | Information for each transaction recorded in a journal. |
| Double entry accounting | The recording of debit and credit parts of a transaction. |
| Chronological record | Transactions recorded in a journal by date in the order in which the transactions occur. |
| Source document | A business paper from which information is obtained for a journal entry. |
| Check | A business form ordering a bank to pay cash from a bank account. |
| Invoice | A form describing the goods or services sold, the quantity, and the price. |
| Sales invoice | An invoice used as a source document for recording a sale on account. |
| Receipt | A business form giving written acknowledgement for cash received. |
| Memorandums | A form on which a brief message is written describing a transaction. |
| Calculator tapes | A source document for daily sales using a electronic calculator to total the amount of cash received. |
| T-Account | An accounting device used to analyze transactions |
| Debit | A amount recorded on the left side |
| Credit | An amount recorded on the right side |
| Normal Balance | The side of the account that is increased |
| Chart of Accounts | A list of accounts used by a business |
| Journal | A form for recording transactions in chronological order |
| Journalizing | Recording transaction in a journal |
