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Accounts
Source Documents/ Forms
Taxes
Debits & Credits
Random
100
What is Accounts Payable
What is a liablity account that summarizes the amounts owed to all vendors.
100
What is a form describing goods sold, the quantity, and the price
What is an invoice
100
What is the same rate & earnings as employee social security tax
What is the employer social security tax rate
100
What is the entry to journalize a purchase of merchandise on account
What is Debit Purchases; credit Accounts Payable
100
What is a pay period
What is the period covered by a salary payment
200
What is happens when cash is recieved on account
What is a decrease in accounts receivable
200
What is a source document for recording a purchase on account transaction
What is a purchase invoice
200
What is social security and medicare taxes paid by
What is employers and employees
200
What is the amount on each line of a purchases journal posted as
What is credit to an account in the accounts payable ledger
200
What is Objective Evidence
What is using a cash register tape as a source document for weekly cash and credit card sales is the accounting concept of
300
What is when is an increase in revenue resulting from a scale on account recorded
What is at the time of the sale
300
What is a memorandom
What is the source document for recording a purchase on account transaction
300
What is what employers must pay payroll taxes for
What is social security and medicare, federal unemployment, and state unemployment taxes
300
What is credit to an account in the accounts payable ledger
What is the amount of each line of a purchase journal
300
What is the price a business pays for goodsit purchases to sell
What is cost of merchandise
400
What is individual payroll checks written on
What is an employee earnings account
400
What is all the payroll information needed to prepare a payroll and tax report found on
What is the payroll register and the employee earnings record
400
What is the amount of sales tax collected recorded in
What is seperate liability account
400
What is the journal entry for a payroll amount debited to salary expense
What is the total of the net pay column of the payroll register
400
What is the total amount earned by all employees for a pay period
What is payroll
500
What is a subsidiary ledger containing only accounts for vendors from whom items are purchased or bought on account
What is an accounts payable ledger
500
What is a form that is prepared by the customer showing the price deduction taken by the customer for returns and allowances
What is a debit memorandom
500
What is the amount credited to record the total federal tax payment for employee income tax, social security tax and medicare tax
What is cash
500
What is the total of the schedule of accounts receivable should equal to
What is the accounts receivable account balance in the general ledger
500
What is terms of sale
What is an agreement between a buyer and a seller about payment for merchandise