ACCOUNTING--THE GENERAL JOURNAL---DECEMBER 2, 2024

Front

A form for recording transactions in chronological order is called a what?

Back

journal

Front

Recording transactions in a journal is called what?

Back

journalizing

Front

Information for each transaction recorded in a journal is called...

Back

entry

Front

The recording of debit and credit parts of a transaction is called...

Back

double-entry accounting

Front

A business paper from which information is obtained for a journal entry. What is this called?

Back

source document

Front

A business form ordering a bank to pay cash from a bank account. This is called a...

Back

check

Front

A business form giving written acknowledgement for cash received is called a receipt.

Back

true

Front

After writing the date in a general journal, what account title is written first?

Back

one that is debited

Front

The credited title account does not have to be indented.

Back

false

Front

John Smith invested 15,000. How would you record it in the General Journal? Options: John Smith Capital (DR)
Cash (CR)
 , Cash (DR)
John Smith, Capital (CR)

Back

Cash (DR)
John Smith, Capital (CR)