CH3: Accounting Terms

Front

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

Back

Check

Front

The recording of debit and credit parts of a transaction.

Back

Double-entry accounting

Front

Information for each transaction recorded in a journal.

Back

Entry

Front

A journal amount column that is not headed with an account title.

Back

General amount column

Front

A form describing the goods or services sold, the quantity, and the price.

Back

Invoice

Front

A form for recording transactions in chronological order.

Back

Journal

Front

Recording transactions in a journal.

Back

Journalizing

Front

A form on which a brief message is written describing a transaction.

Back

Memorandum

Front

Determining that the amount of cash agrees with the accounting records.

Back

Proving cash

Front

A business form giving written acknowledgment for cash received.

Back

Receipt