13 terms

Acounting CH. 3- Journalizing transactions


Terms in this set (...)

a ledger in which transactions have been recorded as they occurred
Recording transactions in a journal.
Special Amount Column
A journal Amount column headed with an acount title., A journal amount column headed with an account 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
Source Document
A business paper from which information is obtained for a journal entry
a written order directing a bank to pay money
an itemized statement of money owed for goods shipped or services rendered
Sales Invoice
An invoice used as a source document for recording a sale on account
a business form giving written acknowlegement for cash recieved
A form on which a brief message is written describing a transaction
Proving Cash
determining that the amount of cash agrees with the balance of the cash account in the accounting records