A form for recording transactions in chronological order.
Recording transactions in a journal.
Special Amount Column
A journal amount column headed with an acount title.
General Amount Column
A journal amount column that is not headed with an account title.
Information for each transaction recorded in a journal.
Double Entry Accounting
The recording of debit and credit parts of a transaction.
A business paper from which information is obtained for a journal entry.
A form describing the goods or services sold, the quantity, and the price.
An invoice used as a source document for recording a sale on account.
A business form giving written acknowledgement for cash received.
A form on which a brief message is written describing a transaction.
A group of accounts.
A ledger that contains all accounts needed to prepare financial statements.
The number assigned to an account.
The procedure for arranging accounts in a general ledger, assigning account numbers, and keeping records current.
Opening An Account
Writing an account title and number on the heading of an account.
Transferring information from a journal entry to a ledger account.
A journal entry made to correct an error in the ledger.
Determining that the amount of cash agrees with the accounting records.
A business form ordering a bank to pay cash from a bank account.