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Chapter 3 - Journalizing Transactions
Quiz by John Peters
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18 questions
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- Q1A form for recording transactions in chronological order
Check
JournalEntry
300s - Q2Recording transactions in a journalJournalizing
Proving
Memorandum
300s - Q3Information for each transaction recorded in a journal
Memorandum
Check
Entry300s - Q4The recording of debit and credit parts of a transactionDouble-entry accounting
General Journal
Invoice
300s - Q5A business paper from which information is obtained for a journal entrySource Document
General Amount Column
General Journal
300s - Q6A business form ordering a bank to pay cash from a bank accountCheck
Receipt
Entry
300s - Q7A form describing the goods or services sold, the quantity, and the price.
Special Amount Column
InvoiceProving Cash
300s - Q8An invoice used as a source document for recording a sale on account
Entry
Sales InvoiceJournal
300s - Q9A business form giving written acknowledgement for cash received
Journal
ReceiptMemorandum
300s - Q10A form on which a brief message is written describing a transactionMemorandum
Receipt
Journal
300s - Q11A journal amount column headed with an account title
Journalizing
Special Amount ColumnGeneral Amount Column
300s - Q12A journal amount column that is not headed with an account titleGeneral Amount Column
Special Amount Column
Proving Cash
300s - Q13Determining that the amount of cash agrees with the accounting record.
Sales Invoice
Proving CashMemorandum
300s - Q14___________ �is the tool businesses use to record each material financial transaction. It is kind of like a diary for a business to quickly scan and identify what transpired in a given period of time.General Journal
Entry
Check
300s - Q15
In which column would you write the amount credited to Sales
H
G
E
300s