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Accounting Cycle Step 2: Journalize Transactions

42,809 views

ProfAlldredge

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

98%
  • 4:54 / 4:59

Speech Rate:

  • 126 wpm - Conversational

Category:

  • Education

Tags :

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

determine

/dəˈtərmən/

determine
verb

cause to occur in particular way.

records
records
noun other verb

thing constituting piece of evidence about past. Highest or most extreme levels achieved. set down in writing or some other permanent form for later reference.

payable

/ˈpāəb(ə)l/

payable
adjective noun

Due to be paid; must be paid. debts owed by business.

supplies

/səˈplī/

supplies
noun other verb

stock of resource from which person or place can be provided with necessary amount of that resource. Specific things needed to perform a certain task. make something needed or wanted available to someone.

chronological

/ˌkränəˈläjək(ə)l/

chronological
adjective

following order in which they occurred.

journalizing

/ˈjərnlˌīz/

journalizing
verb

enter notes or information in journal or account book.

finally

/ˈfīn(ə)lē/

finally
adverb

used especially at the beginning of a sentence to introduce the last point or idea.

example

/iɡˈzampəl/

example
noun verb

Thing, person which represents a category. be illustrated or exemplified.

journalize

/ˈjərnlˌīz/

journalize
transitive verb verb

Enter (notes or information) in a journal or account book.. enter notes or information in journal or account book.

whereby

/(h)werˈbī/

whereby
adverb

by which.

general

/ˈjen(ə)rəl/

general
adjective noun

Widespread, normal or usual. Top ranked officer in the army.

entries

/ˈentrē/

entries
noun other

act of entering. Pieces of information entered into a computer.

practicing

/ˈpraktisiNG/

practicing
adjective verb

actively pursuing or engaged in particular profession, etc.. To live according to the teachings of a religion.

debited

/ˈdebit/

debited
verb

To take money out of an account.

increased
increased
verb

become or make greater in size or degree.

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