A | B |
entry | Information for each transaction recorded in a journal. |
journal | A form for recording transactions in chronological order. |
source document | A business paper form which information is obtained for a journal entry. |
special amount column | A journal amount column headed with an account title. |
general amount column | A journal amount column that is not headed with an account title. |
double-entry accounting | The recording of debit and credit parts of a transaction. |
invoice | A form describing the goods or services sold, the quantity, and the price. |
journalizing | Recording transactions in a journal |
proving cash | Determining that the amount of cash agrees with the accounting records. |
check | A business form ordering a bank to pay cash from a bank account. |
sales invoice | An invoice used as a source document for recording a sale on account. |
receipt | A business form giving written acknowledgment for cash received. |
memorandum | A form on which a brief message is written describing a transaction. |
Credit | The journal columns used to record receiving cash from sales are Cash Debit and Sales _____. |
is | A transaction recorded in a journal ______ considered a permanent record. |
source document | A complete entry consists of the date, the debit amount, the credit amount, and ________. |
Double lines | _________are ruled across a journal's amount columns to indicate that the totals have been verified as correct. |
Cash | _____ is always proved at the end of a month. |
add or subtract | A single line ruled across the journal's amount columns indicates ____ |
Cash, General | When cash is paid on account, the amount is recorded in the _____debit column and _____ credit column. |
Credit, Debit | When cash is received from sales, the amount is recorded in the Sales _____column and Cash _____column. |