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Accounting Chapter 4
Question | Answer |
---|---|
Special Amount Column | a journal amount column headed with an account title |
General Amount Column | journal amount column that is not headed with an account title |
entry | information for each transaction recorded in a journal |
Double entry accounting | recording of debit and credit parts of transaction |
Source document | business paper from which ino is obtained for a journal entry |
invoice | form describing the goods or services sol, the quanity, and the price |
sales invoice | invoice used as a source document for recording a sale on account |
check | business form ordering a bank to pay cash from a bank account |
memorandumn | form on which brief message is written describing a transaction |
receipt | business form giving written acknowledgement for cash received |
proving cash | determining that the amount of cash agrees with the accounting records |