| A | B |
|---|
| journal | a form for recording transactions in chronological order |
| journalizing | recording transactions in a journal |
| entry | information for each transaction recorded in a journal |
| general journal | a journal with two amount columns in which all kinds of entries can be recorded |
| double-entry accounting | the recording of debit and credit parts of a transaction |
| 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 |
| memorandum | a form on which a brief message is written describing a transaction |
| objective evidence concept | when a source document is prepared for each transaction |
