Chapter 6 Key Terms

Question	Answer
Expense	The expense form can be used to record expenses that we pay for at the time we receive the product or service.
Check	The check form is used when we write a check.
Bill	The bill form is used to record services, such as utilities or accounting services.
Pay Bills	The pay bills form is used to track products ordered from vendors.
Purchase Order	A purchase order is used to track products ordered from vendors.
Vendor Credit	The vendor credit form is used when a vendor gives us a refund, or reduction in the amount we owe the vendor, to our bill.
Credit Card Credit	A credit card credit form is used to record a credit, or reduction in the charges by the vendor, to our credit card.

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	Created by Regan Deckinger over 1 year ago