Journalizing
Miscellaneous
Vocabulary
100
First step in journalizing transactions in the general journal
What is recording the date in the date colum
100
Debit Office Equipment and credit Cash
What is the correct journal entry for the transaction PAID CASH FOR AN OFFICE FILE CABINET?
100
Ledger that contains all accounts needed to prepare financial statement
What is a general Ledger
200
Joournalizing is this step in the accounting cycle.
What is step 3?
200
Debit Cash and credit Sales
What is the correct journal entry for the transaction RECEIVED CASH FROM SALES, $1,000?
200
transferring information from a journal entry to a ledger account.
What is posting
300
Debit Utilities Expense and credit Cash
What is the correct journal entry for the transaction PAID CASH FOR CITY WATER?
300
determining that the amount of cash agrees with the accounting records
What is proving cash
400
Debit Accounts Payable/Adams Supply Company and credit Cash
What is the correct journal entry for the transaction PAID CASH ON ACCOUNT TO ADAMS SUPPLY COMPANY, $1,200?
400
the procedure for arranging accounts in a general ledger, assigning account number
What is file maintenance
500
Debit Supplies and credit Accounts Payable/ Jones Supply Company
What is the correct journal entry for the transaction BOUGHT SUPPLIES ON ACCOUNT FROM JONES SUPPLY COMPANY, $500?
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