Journal
Payment Methods
General Ledger
Checking Accounts
Recording Entries
100
A buisness paper from wich information in obtained
What is a source document
100
money payed up front
What is cash
100
Transferring information from a journal entry to a ledger account.
What is posting?
100
a bank account from which payments can be ordered by a depositor
What is a checking account
100
a form describing the goods or services sold, the quantity, and the price
What is a invocie
200
information for each transaction
What is an entry
200
when making purches it automatically deducts the amount of the purchase from the bank account
What is a debit card
200
a journal entry made to correct an error in the ledger
What is correcting entry
200
a signature or stamp on the back of a check transferring ownership
What is a endorsement
200
an invoice used as a document for recording a sale on account
What is a sales invocie
300
a jounral amount column headed with an account title
What is a special amount column
300
recieving supplies that will be payed on a later date
What is accounts payable
300
a group of accounts
What is a ledger
300
an endorsement indicating a new owner of a check
What is a special endorsement
300
a business form giving written acknowledgement for cash received
What is a receipt
400
a title given to a journal account
What is an account title
400
you sell items that will be payed at a later date from a buyer
What is accounts recievable
400
a journal amount column that is not headed with an account title
What is a general ledger
400
an endorsement consisting only of the endorser's signature
What is a blank endorsement
400
a form on which a brief message is written describing a transaction
What is a memorandum
500
a business activity that changes assets, liabilities or owners equity
What are transactions
500
using a written order for payment
What is a check
500
a ledger that is summarized in a single general ledger account
What is subsidiary ledger
500
an endorsement restricting further transfer of a check's ownership
What is a restrictive endorsement
500
journal entries recorded to update general ledger accounts at the end of a fiscal period
What is adjusting entries
M
e
n
u