Journal
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Journalizing
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Entry
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General Journal
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Double-Entry Accounting
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Source Document
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Check
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Invoice
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Sales Invoice
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Reciept
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Memorandum
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Journal
A form for recording transactions in chronological order is called a jornal.
Journalizing
Recording transactions in a journal is called journalizing.
Entry
Information for each transaction recorded in a journal is called and entry.
General journal
A journal with two amount columns in which all kinds of entries can
be recorded is called a general journal.
Double-entry accounting
The recording of a debit and credit parts of a transaction is called
double-entry accounting.
Source document
A business paper from which information is obtained for journal entry
is called a source document.
Check
A business form ordering a bank to pay cash from a bank account is
called a check.
Invoice
A form describing the goods or services sold, the quantity, and the
price is called an invoice.
Sales invoice
An invoice used as a source document for recording a sale on account
is called a sales invoice.
Receipt
A business form giving written acknowledgement for cash received is
called a receipt.
Memorandom
A form on which a brief message is written describing a transaction
is called a memorandum.