Journal - A form for recording transactions in chronological order, Journalizing - The process of recording transactions in a journal, Source Document - A business paper from which information is obtained for a journal entry, Entry - Information for each transaction, Double-Entry Accounting - The recording of debit and credit parts of a transaction, Check - A business form ordering a bank to pay cash from a bank account, Invoice - A form describing the goods or services sold, the quantity, the price, and the terms of sale, Sales Inovice - An invoice used as a source document for recording a SALE ON ACCOUNT, Receipt - A business form giving written acknowledgement for cash received, Memorandum - A form on which a brief message is written to describe a transaction.,

Accounting Ch. 3 Vocab

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