QUESTION IMAGE
Question
a form used to record transactions in a chronological order is called a(n):
entry
journal
receipt
invoice
question 2
3 pts
choose the answer.
a journal amount column that is headed with an account title is called:
general amount column
source document
special amount column
entry accounting column
Brief Explanations
- For the first question: In accounting, a journal is a record where transactions are entered in chronological order. An entry is a single record within a journal or other accounting document. A receipt is a document acknowledging the receipt of money or goods. An invoice is a document sent by a seller to a buyer detailing the goods or services provided and the amount due.
- For the second question: A special amount column in a journal is headed with an account title. A general amount column is not specifically headed with an account title. A source document is the original document that provides evidence of a transaction (e.g., a sales slip, invoice). There is no standard term "entry accounting column" in basic accounting terminology for this context.
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