| A | B |
|---|
| Source document | A business paper that contains the information needed to record the journal entry |
| Check/check stub | A business form that orders a bank to pay cash from a bank account. |
| Check/check stub information | The check stub is the record of information on a check and shows the balance of the account. |
| Invoice/bill | Contains the date of the transaction, quantity, description and cost of each item and payment terms. |
| Sales invoice | An invoice that is used to record a sale on account. |
| Receipt | Shows the date payment was made, the name of the person or business that paid and the amount paid |
| Memorandum | A form that contains a brief message describing a transaction. Often used when there is no other type of source document |
| Double-entry accounting | Recording the debit and credit part of a transaction. Every transaction affects at least two accounts. Debits must equal credits |
| Journal | A form that is used to record transactions in chronological orderA form that is used to record transactions in chronological order |
| Journalizing | The process of recording the transactions in a journal |
| General journal | A journal that has two amount columns that can contain a variety of different transactions |
| Entry | Consists of four parts: date, debit, credit and source document and is recorded in the journal for each transaction |
