Presentation on theme: "Accounting, Monday, March 12"— Presentation transcript:
1 Accounting, Monday, March 12 LESSON 2-14/24/2017Accounting, Monday, March 12BELL RINGERAnswer the questions onthe worksheet from Lesson 10-2Journalizing Cash Receipts Using a Cash Receipts Journal
2 Tuesday, March 6 AGENDA Return Test Chapter 9 LESSON 2-14/24/2017Tuesday, March 6AGENDAReturn Test Chapter 9Finish Application Problem 10-2:Journalizing cash receipts; proving andruling cash receipts journalLesson 10-3: Recording Transactions Using aGeneral LedgerIn chapter 10, we are going to introduce two new journals: sales journals and cash receipts journals. The transactions relevant to these journals have to do with selling the merchandise we purchased in chapter 9.
3 Assignment Monday, March 12 LESSON 10-34/24/2017Assignment Monday, March 12Bell Ringer Lesson 10-2Aplia: On Your Own 10-2Appl. Problem 10-2Lesson 10-3: Read pgsDefine the three terms from Lesson 10-3Complete Work Together 10-3, pg. 287Aplia: On Your Own 10-3Appl. Problem 10-3
4 LESSON 10-3 Recording Transactions Using a General Journal 4/24/2017LESSON 10-3Recording Transactions Using a General Journal
6 CREDIT MEMORANDUM FOR SALES RETURNS AND ALLOWANCES page 285LESSON 10-3
7 JOURNALIZING SALES RETURNS AND ALLOWANCES page 286March 11. Granted credit to Village Crafts for merchandise returned, $58.50, plus sales tax, $3.51, from S160; total, $ Credit Memorandum No. 41.2413569871. Write the date.6. Write the sales tax amount.2. Write Sales Returns and Allowances.7. Write the accounts to be credited.3. Write CM and the credit memorandum number.8. Draw a diagonal line in the Post. Ref. column.4. Write the amount of the sales return.9. Write the total accounts receivable amount.5. Write Sales Tax Payable.LESSON 10-3