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

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

* CHART OF ACCOUNTS page 92 LESSON 4-1 LESSON 4-1

* ACCOUNT NUMBERS page 92 LESSON 4-1 LESSON 4-1

OPENING AN ACCOUNT IN A GENERAL LEDGER LESSON 4-1 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 LESSON 4-1 GREEN GREEN *

TERMS REVIEW ledger general ledger account number file maintenance * TERMS REVIEW page 95 ledger general ledger account number file maintenance opening an account LESSON 4-1 LESSON 4-1

LESSON 4-1 Posting from a General Journal to a General Ledger * LESSON 4-2 Posting from a General Journal to a General Ledger LESSON 4-1 GREEN GREEN *

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

POSTING AN AMOUNT FROM THE CREDIT COLUMN OF A GENERAL JOURNAL LESSON 4-2 LESSON 4-1 * * 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 LESSON 4-2 GREEN GREEN *

POSTING A DEBIT AMOUNT TO AN ACCOUNT WITH A DEBIT BALANCE * 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 LESSON 4-2

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

JOURNAL PAGE WITH POSTING COMPLETED * JOURNAL PAGE WITH POSTING COMPLETED page 100 (continued on next slide) LESSON 4-2 LESSON 4-2

JOURNAL PAGE WITH POSTING COMPLETED LESSON 4-2 LESSON 4-1 * * JOURNAL PAGE WITH POSTING COMPLETED page 100 (continued from previous slide) LESSON 4-2 LESSON 4-2 GREEN GREEN *

* TERM REVIEW page 101 posting LESSON 4-2 LESSON 4-2

Completed General Ledger, Proving Cash, and Making Correcting Entries LESSON 4-1 LESSON 4-3 * LESSON 4-3 Completed General Ledger, Proving Cash, and Making Correcting Entries LESSON 4-1 GREEN GREEN *

GENERAL LEDGER WITH POSTING COMPLETED LESSON 4-3 LESSON 4-1 * * GENERAL LEDGER WITH POSTING COMPLETED page 102 (continued on next slide) LESSON 4-3 LESSON 4-3 GREEN GREEN *

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

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

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

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

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

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

* PROVING CASH page 106 LESSON 4-3 LESSON 4-3

MEMORANDUM FOR A CORRECTING ENTRY * MEMORANDUM FOR A CORRECTING ENTRY page 106 LESSON 4-3 LESSON 4-3

JOURNAL ENTRY TO RECORD A CORRECTING ENTRY * 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, $140.00. Memorandum No. 15. 2 Debit 1 Date 4 Source Document 3 Credit LESSON 4-3 LESSON 4-3

TERMS REVIEW proving cash correcting entry LESSON 4-3 * page 108