Professional Documents
Culture Documents
Accounting Records
Accounting Records
Accounting Records
N T I N G
R E C O
R D S
MANUAL
SYSTEM
describes the purpose of
each type of accounting
record used in
transaction cycles.
DOCUMENTS
JOURNALS
LEDGERS
AUDIT
TRAIL
COMPUTER-BASED
SYSTEMS
DOCUMENTS
provides evidence of an
economic event and may
be used to initiate
transaction processing.
SOURCE
DOCUMENTS
PRODUCT
DOCUMENTS
TURNAROUND
DOCUMENTS
JOURNALS
records of a chronological
entry; holds a complete record
of transactions and thus
provides a means for posting to
accounts.
SPECIAL JOURNAL
GENERAL
JOURNAL
JOURNAL
VOUCHER
used to record summaries of
routine and non-routine
transactions, adjusting
entries, and closing entries.
LEDGER
book of accounts that reflects
the financial effects of firms
transactions after they are
posted from the various
journals.