Unit 5
Accounting and Finance Foundations Unit 5: Accounting Terminology 419
Accounting Terminology
Receipt: A business form giving written acknowledgement for cash received. When cash is received from
sources other than sales, a receipt is prepared. The receipts are pre-numbered to help account for all receipts.
Chapter 15
Student Guide
Lesson 15.1 Source Documents (cont’d)
Memorandum: A form on which a brief message is written describing a transaction. When no other source
document is prepared for a transaction or when additional explanation is needed about a transaction, a
memorandum is used to describe the transaction.
XYZ Comapny
101 Main St.
Suite 2
Anytown, CA 90099
Received from $
for
Amount of account Cash
This payment Check
Balance due Money Order
By
Number
Date
Dollars
reCeIPT
Memo
TO: Employee’s Name
FROM: Your Name
DATE: Today’s Date
SUBJECT: One or two words
Bought Supplies on account from Butler Supply,
$500.00
Align info.
using the
TAB key! Your
Initials
go here
Q.H.