Professional Documents
Culture Documents
Vocab Chap 1 - 3
Vocab Chap 1 - 3
Financial reports that summarize the financial condition and operations of a business - chart of accounts
A business paper from which information is obtained for a journal entry – source document
A sale for which cash will be received at a later date – Sales on account
A record summarizing all the information pertaining to a single item in the accounting equation - account
A form describing the goods or services sold, the quantity, and the price – invoice