2. Business papers that show the nature of a transaction and provide all the information necessary to account for the transaction properly

4. customer Pre-numbered slip to ensure none are lost Nature of the transaction

5. Journal Entry for a Cash Sales Slip: DRCR Bank35.90 Sales35.90 Total for entry

7. Customer to be charged When payment is due Nature of transaction Preset serial number

8. Journal Entry for a Sales Invoice: DR CR A/R – S.&S. Boatworks835.70 Sales835.70 Total for entry

10. A till printout for Visa, Mastercard and Debit card transactions for one month

11. Journal Entry for POS Summaries DRCR Bank734.18 Sales734.18 Total for entry

13. Name of vendor credited in Account Payable General Engineerings Invoice number Shows how long Masthead Marine has to make payment

14. Journal Entry for Purchase Invoice: DRCR Equipment Repairs Expense241.50 A/P – General Engineering241.50 Total used for entry

16. Who the cheque is for Reference number Owners Signature Reference number is repeated on tear off portion Details of payment

17. Journal Entry for a Cheque Copy: DRCR A/P – Streling Spars1802.90 Bank1802.90 Total for entry = cheque total

20. Journal Entry for a Cash Receipts Summary: DRCR Bank2142.24 A/R – A. Baldwin375.00 A/R – F Perri965.52 A/R – Pier 10 Marina801.72

22. Tells whether the account has been debited or credited Explanation Date of entry

23. Journal entry for a Bank Debit Advice: DRCR Bank Charges and Interest113.50 Bank113.50 A Bank Debit Advice advises the company that an expense has been debited.

24. If a company generates revenue from interest then a Bank Credit advice is used to notify them of the increase in their equity. Sample Journal Entry for a Bank Credit Advice: DRCR Bank43.76 Interest Earned43.76