Presentation is loading. Please wait.

Presentation is loading. Please wait.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 3-1 Journals, Source Documents, and Recording Entries in a Journal.

Similar presentations


Presentation on theme: "CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 3-1 Journals, Source Documents, and Recording Entries in a Journal."— Presentation transcript:

1 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 3-1 Journals, Source Documents, and Recording Entries in a Journal

2 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 2 LESSON 3-1 A GENERAL JOURNAL page 57

3 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 3 LESSON 3-1 CHECKS page 58

4 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 4 LESSON 3-1 SALES INVOICES page 58

5 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 5 LESSON 3-1 OTHER SOURCE DOCUMENTS page 59 memorandum calculator tape receipt

6 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 6 LESSON 3-1 2.Write the title of the account debited. Write the debit amount. RECEIVED CASH FROM OWNER AS AN INVESTMENT page 60 August 1. Received cash from owner as an investment, $5,000.00. Receipt No. 1. 1.Write the date in the Date column. 3.Write the title of the account credited. Write the credit amount. 4.Write the source document number in the Doc. No. column. 1 4 22 33

7 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 7 LESSON 3-1 PAID CASH FOR SUPPLIES page 61 August 3. Paid cash for supplies, $275.00. Check No. 1. 1 4 22 1.Write the date in the Date column. 4.Write the source document number in the Doc. No. column. 3.Write the title of the account credited. Write the credit amount. 2.Write the title of the account debited. Write the debit amount. 33

8 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 3-2 Journalizing Buying Insurance, Buying on Account, and Paying on Account

9 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 9 LESSON 3-2 PAID CASH FOR INSURANCE page 63 August 4. Paid cash for insurance, $1,200.00. Check No. 2. 1.Write the date in the Date column. 2.Write the title of the account debited. Write the debit amount. 3.Write the title of the account credited. Write the credit amount. 4.Write the source document number in the Doc. No. column. 1 4 22 33

10 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 10 LESSON 3-2 BOUGHT SUPPLIES ON ACCOUNT page 64 August 7. Bought supplies on account from Supply Depot, $500.00. Memorandum No. 1. 1.Write the date in the Date column. 2.Write the title of the account debited. Write the debit amount. 3.Write the title of the account credited. Write the credit amount. 4.Write the source document number in the Doc. No. column. 14 22 33

11 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 11 LESSON 3-2 PAID CASH ON ACCOUNT page 65 August 11. Paid cash on account to Supply Depot, $300.00. Check No. 3. 1.Write the date in the Date column. 2.Write the title of the account debited. Write the debit amount. 3.Write the title of the account credited. Write the credit amount. 4.Write the source document number in the Doc. No. column. 14 22 33

12 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 3-3 Journalizing Transactions That Affect Owner’s Equity and Receiving Cash on Account

13 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 13 LESSON 3-3 RECEIVED CASH FROM SALES page 68 August 12. Received cash from sales, $295.00. Tape No. 12. 1.Write the date in the Date column. 2.Write the title of the account debited. Write the debit amount. 3.Write the title of the account credited. Write the credit amount. 4.Write the source document number in the Doc. No. column. 41 33 22

14 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 14 LESSON 3-3 SOLD SERVICES ON ACCOUNT page 69 August 12. Sold services on account to Oakdale School, $350.00. Sales Invoice No. 1. 1.Write the date in the Date column. 2.Write the title of the account debited. Write the debit amount. 3.Write the title of the account credited. Write the credit amount. 4.Write the source document number in the Doc. No. column. 41 33 22

15 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 15 LESSON 3-3 PAID CASH FOR AN EXPENSE page 70 August 12. Paid cash for rent, $300.00. Check No. 4. 1.Write the date in the Date column. 2.Write the title of the account debited. Write the debit amount. 3.Write the title of the account credited. Write the credit amount. 4.Write the source document number in the Doc. No. column. 41 33 22

16 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 16 LESSON 3-3 RECEIVED CASH ON ACCOUNT page 71 August 18. Received cash on account from Oakdale School, $200.00. Receipt No. 2. 1.Write the date in the Date column. 2.Write the title of the account debited. Write the debit amount. 3.Write the title of the account credited. Write the credit amount. 4.Write the source document number in the Doc. No. column. 41 33 22

17 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 17 LESSON 3-3 PAID CASH TO OWNER FOR PERSONAL USE page 72 August 18. Paid cash to owner for personal use, $125.00. Check No. 6. 1.Write the date in the Date column. 2.Write the title of the account debited. Write the debit amount. 3.Write the title of the account credited. Write the credit amount. 4.Write the source document number in the Doc. No. column. 41 33 22

18 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 3-4 Starting a New Journal Page

19 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 19 LESSON 3-4 A COMPLETED JOURNAL PAGE page 74

20 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 20 LESSON 3-4 STARTING A NEW GENERAL JOURNAL PAGE page 75 2

21 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 21 LESSON 3-4 STANDARD ACCOUNTING PRACTICES page 76 1 3 4 6 2 5

22 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning CHAPTER SUMMARY 22 LESSON 3-1


Download ppt "CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 3-1 Journals, Source Documents, and Recording Entries in a Journal."

Similar presentations


Ads by Google