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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:

Video Vocabulary

determine

/dəˈtərmən/

verb

To control exactly how something will be or act.

records
noun other verb

thing constituting piece of evidence about past. Round plastic discs on which music has been stored. To put music, sounds onto a device to store it.

payable

/ˈpāəb(ə)l/

adjective noun

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

supplies

/səˈplī/

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. To give or sell goods to others for their use.

chronological

/ˌkränəˈläjək(ə)l/

adjective

Placed in order of time, usually of events.

journalizing

/ˈjərnlˌīz/

verb

enter notes or information in journal or account book.

finally

/ˈfīn(ə)lē/

adverb

After a long time or some difficulty.

example

/iɡˈzampəl/

noun verb

thing characteristic of its kind. be illustrated or exemplified.

journalize

/ˈjərnlˌīz/

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/

adverb

by which.

general

/ˈjen(ə)rəl/

adjective noun

affecting or concerning most people or things. commander of army.

entries

/ˈentrē/

noun other

act of entering. Places where one enters.

practicing

/ˈpraktisiNG/

adjective verb

actively pursuing or engaged in particular profession, etc.. To work as a doctor or lawyer.

debited

/ˈdebit/

verb

make payment of.

increased
verb

become or make greater in size or degree.

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