is the date by which the invoice must be paid if a discount is to be taken.

Is a special journal for recording sales of merchandise on account.

Is a separate ledger that contains all accounts for all creditors.

Is an account in the general ledger that controls the accounts receivable subsidiary ledger.

Special journal used for recording all cash received by the business.

Account in the General ledger that controls the accounts payable subsidiary ledger.

Is an all purpose journal used for recording transactions that do not fit into a special journal.

The process of determining whether the amount of cash recorded in the accounting records of the business agrees with the amount recorded in its checkbook.

A special journal used for recording all cash paid out of the business.

Is a separate ledger that contains all charge customer accounts.

Is a special journal used for recording all purchases of assets on account.

Is a list of all creditors in the accounts payable subsidiary ledger, the balance of each account, and the total owed to all creditors.

Is an account in the general ledger that acts as a control on the accuracy of the accounts in the subsidiary ledger.

The purchases of merchandise on account are recorded in the accounts payable credit column and the purchases debit column of the purchases journal.

Purchases of items for cash are recorded in the purchases journal

The general Debit Column of the purchase journal is used to record purchases of all items on account other than merchandise on account.

The source document for recording info in the purchases journal is an invoice.

Individual amounts entered in the accounts payable credit column of the purchases journal are posted at the end of the month.

A check mark is entered in parentheses below the double rule of the general debit column of the purchases journal to indicate the column total is not posted

The source document for recording a bank card fee is the check stub.

Every transaction recorded in the cash payments journal results in a credit to cash.

The schedule of accounts payable lists only creditor accounts showing a balance

The totals of the special amounts columns of the cash payments journal are Posted at the end of the month.

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