1. Payment
1

2. Invoice
An invoice is a business form that lists specific
information about a business transaction
involving the buying or selling of an item. The
invoice includes such information as the date of
the transaction, the quantity and the names of
the items bought, and the cost of each item. For
example, if CompuServices buys a new
typewriter, the invoice prepared as a record of
the transaction would include the information
shown on the invoice.
2

3. Invoice
date September 9, 19…
invoice ¹200
order¹ 034
To:
ComputerServices
200 Main Street
Jonesboro,GA 30236
Quantity
1
Item
Unit price
Total
Type electronic
typewriter
900.00
900.00
3

4. Receipts
 A receipt is a form prepared as a record of
cash received by a business. For
example., if a business receives payment
for a service completed for a client, a
receipt is prepared to indicate the date the
payment was received, the name of the
person or business from whom the
payment was received, and the amount of
the payment .
4

5. Receipt
ComputerServices
200 Main Street
Jonesboro,GA 30236
¹ _2
Sept.30 19…
Received from _________________________________________________________
_________________________________________________________________ dollars
For__________________________________________________________________
Received By _________________________________________
5

6. Memorandums
A Memorandums is a brief message
that is usually written to describe a
transition that takes place within a
business. In addition, if a business
transaction takes place for which no
other source document exists, a
memorandum like shown next page.
6

7. Memorandums
To: Accounting Clerk
From: Lee Oven
Date: September 11,19…
Subject: Manual typewriter
I sold the manual typewriter to Frank’s Market for $ 100.00. Frank’s Market will send
payment later. Record this transaction as a debt to Account Receivable- Frank’s
Market and a credit to office Equipment.
7

8. Check
 A cheque or check is a negotiable
instrument[nb 1] instructing a financial
institution to pay a specific amount of a
specific currency from a specified demand
account held in the maker/depositor's
name with that institution. Both the maker
and payee may be natural persons or legal
entities.
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9. Check
9

10. A bank account
 A bank account is a financial account with a banking
institution, recording the financial transactions
between the customer and the bank and the resulting
financial position of the customer with the bank.
 Bank accounts may have a positive, or debit balance,
where the bank owes money to the customer; or a
negative, or credit balance, where the customer owes
the bank money.
 Broadly, accounts opened with the purpose of holding
debit balances are referred to as deposit accounts;
whilst accounts opened with the purpose of holding
credit balances are referred to as loan accounts.
10

11. Accounts
Cash in bank
Accounts Receivable
Merchandise Receivable
Office Supplies
Assets
Store supplies
Prepaid Insurance
Store equipment
Office equipment
11

12. Income Tax payable
Sales Tax
Liabilities
Capital Stock
12

13. Stockholders’ equity
Capital Stock
Retained Earns
Income
13

14. Sales
Revenue
Sales Returns &
Allowance
Sales Discount
14

15. Purchases
Cost of
merchandise sold
Purchases Returns And
Allowances
Purchases discount
Transportation
15

16. Bank Card Fees Expens
Insurance expense
Miscellaneous expense
Expenses
Office Supplies Expense
Rent Expense
Salaries Expense
Store supplies expense
Utilities expense
Income expense
16