"Glencoe Accounting: Real-World Applications & Connections," Vocabulary from Chapter 16

This list focuses on special journals: sales and cash receipts (Unit 4, Chapter 16).

Here are links to all the chapters of Unit 4, The Accounting Cycle for a Merchandising Corporation: Chapter 14, Chapter 15, Chapter 16, Chapter 17, Chapter 18, Chapter 19, Chapter 20, Chapter 21

Here are links to all the units of the first-year accounting textbook published by McGraw-Hill: Unit 1, Unit 2, Unit 3, Unit 4, Unit 5, Unit 6, Appendixes
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Full list of words from this list:

words only definitions & notes
  1. special
    having a specific function or scope
  2. journal
    a ledger in which transactions have been recorded
  3. receipt
    the act of receiving
  4. schedule
    a temporally organized plan for matters to be attended to
  5. account
    a statement of recent transactions and the resulting balance
  6. impose
    charge and collect payment
  7. sum
    a quantity obtained by the addition of a group of numbers
  8. allocate
    distribute according to a plan or set apart for a purpose
  9. currency
    the metal or paper medium of exchange that is presently used
  10. accuracy
    the quality of being near to the true value
  11. simplify
    make easier or reduce in complexity or extent
  12. determine
    establish after a calculation, investigation, or experiment
  13. previous
    just preceding something else in time or order
  14. parenthesis
    a punctuation mark used to enclose textual material
  15. review
    look at again; examine again
Created on Wed Oct 19 17:07:40 EDT 2016 (updated Fri Oct 21 17:35:54 EDT 2016)

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