Accounting 3-1 Quiz

A form for recording transactions in chronological order.

• Source Document

• Journal

• Entry

• Check

The recording of debit and credit parts of a transaction.

• Journal

• Journalizing

• Double-entry accounting

• Source document

When you pay cash out of your acccount you would use this source document.

• Check

• Sales invoice

• Receipt

• Memorandum

• Calculator tape

When you record the cash sales for the day, you use this source document.

• Check

• Sales invoice

• Receipt

• Memorandum

• Calculator tape

When you acknowledge cash received, you use this source document.

• Check

• Sales invoice

• Receipt

• Memorandum

• Calculator tape

When you write a message describing a transaction, you use this source document.

• Check

• Sales invoice

• Receipt

• Memorandum

• Calculator tape

When you make a sale on account, you use this source document.

• Check

• Sales invoice

• Receipt

• Memorandum

• Calculator tape

Which of the following is NOT part of a journal entry.

• Receipt

• Date

• Debit

• Credit

• Source document

Which of the following is NOT part of a journal entry.

• Receipt

• Date

• Debit

• Credit

• Source document

A transaction can have a debit and a debit

• True

• False