Part One-Iilentifying Accounting Terms

Nomaldenlilyins Accounlins T6rmsldenfiting Accounting Concsph ond Proctice!Anolyzins o Generol JournolAnolyzing R€.ording Tronrocrion3 in o Gen€'ollourrolTotolll Prsl9 Pts.l0 Pl3.lO Pk50 Pl3.P art One-Iilentifu ing Accounting TermsDirections: S€lect the one term in Column I that best fits each definition inColumn II. Print the letter identifying your choice in the Answers columrLcheckColumn Idouble-entry accountint1.2.Column lIA form for recordint transactions in chronolodcal order.(P.64)Recordint transactions in a joumal. (p. 614)Answars1.entryteneml rournalinvoicejoumaljoumalizingreceiptsource document3,4.5.6.7.8.10.11.Information for each transaction recorded in a journal.(P 66)A joumal with two amount columns in which all kinds oIentries can be recorded. (p. 66)The recording oI debit and credit parts of a transaction.(p. 66)A business paper from which infomation is obtained Ior ajoumal entry. (p. 66)A business form ordering a bank to pay cash from a bankaccount. (p. 67)A form descdbing the goods or services sold, the quantity,and the price. (p. 67)An invoice used as a sou(e docrment for recording a saleon account. (p. 57)A business fom $vintreceived. (p. 68)written acknowledtment for €ashA fom on which a brief message is written describing atransaction. (p. 68)3.4.5.6-8.10.11,CoPYRTGHT O SourH-\ /EsrERN EDUcaloNAt PususHtNG Chopler 4 r 13