A form for recording transactions in chronological order is called a(n):

Test Review Chapter 3

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Donna Sadowski
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Transactions are recorded in a journal in order by date. This is also called:
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Information for each transaction recorded in a journal is called an entry.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business paper from which information is obtained for a journal entry is called a(n):
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A form describing the goods or services sold, the quantity, and the price is called a(n):
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not part of an entry?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Account balances increase on the normal balance side of an account.
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