Analyze transactions 1 Bank Statement Finlay Interiors January 2005 Jan.1 Deposit $10,000 Purchase Ticket Note Payable Client Billing Service Contract Carol Finlay invested $10,000 cash into the business. This would appear on a source document, the bank statement, as a deposit. This is a transaction and will therefore be recorded.
Analyze transactions 1 Journalize 2 Bank Statement Finlay Interiors January 2005 Jan.1 Deposit $10,000 The transaction is recorded in the general journal as a $10,000 debit to Cash and a $10,000 credit to Carol Finlay, Capital
Analyze transactions 1 Journalize 2 Post 3 The transaction is posted from the general journal to the appropriate accounts in the ledger.
Analyze transactions 1 Journalize 2 Post 3 Prepare unadjusted trial balance 4 The trial balance is prepared by taking the balance from each account in the ledger and listing it on the trial balance.
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