1. LESSON 4-1 Preparing a Chart of Accounts
GREEN

2. RELATIONSHIP OF A T ACCOUNT TO AN ACCOUNT FORM
page 91
Balance columns
LESSON 4-1

3. CHART OF ACCOUNTS
page 92
LESSON 4-1

4. ACCOUNT NUMBERS
page 92
LESSON 4-1

5. OPENING AN ACCOUNT IN A GENERAL LEDGER
LESSON 4-1
OPENING AN ACCOUNT IN A GENERAL LEDGER
page 94 1 2
1. Write the account title after the word Account in the heading.
2. Write the account number after the words Account No. in the heading.
LESSON 4-1
GREEN

6. TERMS REVIEW Ledger – a group of accounts
page 95
Ledger – a group of accounts
general ledger – a ledger that contains all accounts needed to prepare financial statements
account number – the number assigned to an account
LESSON 4-1

7. TERMS REVIEW
page 95
file maintenance – the procedure for arranging accounts in a general ledger, assigning account numbers, and keeping records current
opening an account – writing an account title and number on the heading of an account
LESSON 4-1

8. LESSON 4-2 Posting from a General Journal to a General Ledger
4/6/2017
LESSON 4-2
Posting from a General Journal to a General Ledger
GREEN

9. POSTING AN AMOUNT FROM THE DEBIT COLUMN OF A GENERAL JOURNAL
page 96 2 1 3 5 4
1. Write the date.
4. Write the new account balance.
2. Write the journal page number.
5. Return to the journal and write the account number.
3. Write the debit amount.
LESSON 4-2

10. POSTING AN AMOUNT FROM THE CREDIT COLUMN OF A GENERAL JOURNAL
LESSON 4-2
4/6/2017
POSTING AN AMOUNT FROM THE CREDIT COLUMN OF A GENERAL JOURNAL
page 97 2 1 5 3 4
1. Write the date.
4. Write the new account balance.
2. Write the journal page number.
5. Return to the journal and write the account number.
3. Write the credit amount.
LESSON 4-2
GREEN

11. POSTING A DEBIT AMOUNT TO AN ACCOUNT WITH A DEBIT BALANCE
page 98 2 1 3 5 4
1. Write the date.
4. Write the new account balance.
2. Write the journal page number.
5. Return to the journal and write the account number.
3. Write the debit amount.
LESSON 4-2

12. POSTING A DEBIT AMOUNT TO AN ACCOUNT WITH A CREDIT BALANCE
page 99 2 1 3 5 4
1. Write the date.
4. Write the new account balance.
2. Write the journal page number.
5. Return to the journal and write the account number.
3. Write the debit amount.
LESSON 4-2

13. JOURNAL PAGE WITH POSTING COMPLETED
(continued on next slide)
LESSON 4-2

14. JOURNAL PAGE WITH POSTING COMPLETED
LESSON 4-2
4/6/2017
JOURNAL PAGE WITH POSTING COMPLETED
page 100
(continued from previous slide)
LESSON 4-2
GREEN

15. TERM REVIEW
page 101
Posting – transferring information from a journal entry to a ledger account
LESSON 4-2

16. Completed General Ledger, Proving Cash, and Making Correcting Entries
LESSON 4-3
4/6/2017
LESSON 4-3
Completed General Ledger, Proving Cash, and Making Correcting Entries
GREEN

17. GENERAL LEDGER WITH POSTING COMPLETED
LESSON 4-3
4/6/2017
GENERAL LEDGER WITH POSTING COMPLETED
page 102
(continued on next slide)
LESSON 4-3
GREEN

18. GENERAL LEDGER WITH POSTING COMPLETED
page 103
(continued on next slide)
LESSON 4-3

19. GENERAL LEDGER WITH POSTING COMPLETED
page 103
(continued on next slide)
LESSON 4-3

20. GENERAL LEDGER WITH POSTING COMPLETED
page 104
(continued on next slide)
LESSON 4-3

21. GENERAL LEDGER WITH POSTING COMPLETED
page 104
(continued on next slide)
LESSON 4-3

22. GENERAL LEDGER WITH POSTING COMPLETED
page 105
(continued on next slide)
LESSON 4-3

23. GENERAL LEDGER WITH POSTING COMPLETED
page 105
(continued from previous slide)
LESSON 4-3

24. PROVING CASH
page 106
LESSON 4-3

25. MEMORANDUM FOR A CORRECTING ENTRY
page 106
LESSON 4-3

26. JOURNAL ENTRY TO RECORD A CORRECTING ENTRY
page 107
November 13. Discovered that a payment of cash for advertising in October was journalized and posted in error as a debit to Miscellaneous Expense instead of Advertising Expense, $ Memorandum No. 15. 2
Debit 1
Date 4
Source Document 3
Credit
LESSON 4-3

27. TERMS REVIEW
page 108
proving cash – determining that the amount of cash agrees with the accounting records
correcting entry – a journal entry made to correct an error in the ledger
LESSON 4-3