Future Business Leaders of America (FBLA) Accounting Practice Test

Which term describes a journal amount column that is not headed with an account title?

1. Invoice

2. Entry

3. Check

4. Source Document

The correct answer is: Entry

The term that describes a journal amount column that is not headed with an account title is "Entry." In accounting, a journal entry refers to the recording of a transaction in the accounting records. When using a journal, amounts recorded in specific columns represent debits and credits that correspond to various accounts. If a column lacks a heading with an account title, it signifies that the amounts reflected within it are general entries not specifically categorized under a defined account. This implies reliance on context or accompanying documentation to clarify the nature of the recorded transactions. In the context of the provided choices, invoice, check, and source document have specific meanings related to transactions and record-keeping. An invoice refers to a document detailing a sale and the amount owed, a check is a financial instrument for making payments, and a source document is any piece of evidence that serves as the basis for recording an accounting entry. In contrast, "Entry" is the terminology used when referring to the act of inputting transaction data into the journal, making it the accurate choice in this instance.