Accounting 1 Ch. 3 (10e) Terms

A business form ordering a bank to pay cash from a bank account.

The recording of debit and credit parts of a transaction.

Information for each transaction recorded in a journal.

A form describing the goods or services sold, the quantity, the price, and the terms of sale.

A form for recording transactions in chronological order.

Recording transactions in a journal.

A form on which a brief message is written to describe a transaction.

Determining that the amount of cash agrees with the accounting records.

A business form giving written acknowledgement for cash received.

An invoice used as a source document for recording a sale on account. A sales invoice is also referred to as a sales ticket or a sales slip.