LESSON 4-3 Preparing a Work Sheet for a Departmentalized Business 2/28/2019 LESSON 4-3 Preparing a Work Sheet for a Departmentalized Business RED

PROVING THE ACCURACY OF POSTING TO SUBSIDIARY LEDGERS page 99 LESSON 4-3

DEPARTMENTAL WORK SHEET LESSON 4-3 2/28/2019 DEPARTMENTAL WORK SHEET pages 102-103 LESSON 4-3 RED

DEPARTMENTAL WORK SHEET pages 102-103 LESSON 4-3

ADJUSTMENT INFORMATION page 104 LESSON 4-3

ADJUSTMENTS SHOWN ON WORK SHEET page 104 Percentage Total Sales on Account Estimated Uncollectible Accounts Expense × = $210,940.00 × = $2,109.40 1% LESSON 4-3

DEPARTMENTAL AND COMPANY LOSS ON A WORK SHEET page 109 1 2 3 4 5 1. Write department loss in Departmental Margin Statement Credit column. 2. Write department loss in Income Statement Debit column. 3. Record company loss in Income Statement Credit column. 4. Record company loss in Balance Sheet Debit column. 5. Add description. LESSON 4-3

TERMS REVIEW schedule of accounts receivable page 110 schedule of accounts receivable schedule of accounts payable work sheet trial balance plant assets depreciation expense LESSON 4-3