Accounting Ch. 3 Vocab

Information for each transaction recorded in a journal.

• entry

• transaction

• check

• double-entry accounting

Recording transactions in a journal.

• journalizing

• entry

• double-entry accounting

• invoice

A form on which a brief message is written to describe a transaction.

• memorandum

• check

• invoice

• receipt

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

• check

• invoice

• receipt

• sales invoice

A business paper from which information is obtained for a journal entry.

• source document

• memorandum

• receipt

• invoice

A form for recording transactions in chronological order.

• journal

• check

• invoice

• receipt

An invoice used as a source document for recording a sale on account.

• sales invoice

• invoice

• receipt

• check

A business form giving written acknowledgement for cash received.

• receipt

• check

• memorandum

• invoice

The recording of debit and credit parts of a transaction.

• double-entry accounting

• entry

• journalizing

• journal

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

• proving cash

• journalizing

• entry

• double-entry accounting