| A | B |
|---|
| Accounting Cycle | A sequence of business activities to keep accounting records in an orderly fashion |
| Check Stub | The source document for recording cash payment transactions |
| Computerized Accounting System | Accounting information is recorded using computer software |
| General Journal | An all-purpose journal where all transactions are recorded. |
| Invoice | A source document that shows items purchased and the cost of each item. |
| Journal | A chronological record of business transactions |
| Journalizing | The process of recording transactions in a journal |
| Manual Accounting System | Recording business information by hand |
| Memorandum | A brief message written to describe a transaction |
| Receipt | The source document prepared when cash is received. |
| Source Document | A business paper that verifies or proves that a transaction occurred. |
