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Terms Transactions Source Documents Acct. Monopoly $100 $100 $100 $100

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Presentation on theme: "Terms Transactions Source Documents Acct. Monopoly $100 $100 $100 $100"— Presentation transcript:

1 Terms Transactions Source Documents Acct. Monopoly $100 $100 $100 $100 $200 $200 $200 $200 $300 $300 $300 $300 $400 $400 $400 $400 $500 $500 $500 $500

2 Terms for $100 A form for recording transactions in chronological order.

3 Terms for $200 A journal with two amount columns in which all kinds of entries can be recorded.

4 Terms for $300 A business paper from which information is obtained for a journal entry.

5 Terms for $400 The recording of debit and credit parts of a transaction.

6 Terms for $500 Recording transactions in a journal is called?
What is the “rule” about this? Where do debits and credits go?

7 Transactions for $100 Received cash from owner as an investment.

8 Transactions for $200 Bought supplies with cash

9 Transactions for $300 Bought supplies on account

10 Transactions for $400 Sold services on account to Suzie Q.

11 Transactions for $500 Received cash on account from Suzie Q.

12 Source Documents $100 A form describing the goods or services sold, the quantity, and the price is called?

13 Source Documents for $200 A form on which a brief message is written describing a transaction is called?

14 Source Documents for $300 A business form ordering a bank to pay cash from a bank account is called?

15 Source Documents for $400 A business form giving written acknowledgement for cash received is called?

16 Source Documents for $500 List each Source Document and give the code for each (5)

17 Monopoly for $100 What happens when you pass Go and collect $200?
Give transaction

18 Monopoly for $200 If you buy a property, what do you debit and what do you credit?

19 Monopoly for $300 If you land on your opponents’ property, and you have to pay them $6, how do you record this?

20 Monopoly for $400 You decide to pay the $50 to get out of jail, how would you record this?

21 Monopoly for $500 You have collected $500 on Free Parking, how do you record this?


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