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LESSON 5-3

LESSON 5-3. Dishonored Checks and Electronic Banking. 1. Date. Write the date. 2. JOURNALIZING A DISHONORED CHECK. page 130. November 29. Received notice from the bank of a dishonored check from Campus Internet Café, $70.00, plus $35.00 fee; total, $105.00. Memorandum No. 55. 1. 4. 3.

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LESSON 5-3

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  1. LESSON 5-3 Dishonored Checks and Electronic Banking

  2. 1. Date. Write the date. 2 JOURNALIZING A DISHONORED CHECK page 130 November 29. Received notice from the bank of a dishonored check from Campus Internet Café, $70.00, plus $35.00 fee; total, $105.00. Memorandum No. 55. 1 4 3 2. Debit. Write the title of the account to be debited. 3. Credit. Write the amount credited. 4. Source document. Write the source document number. LESSON 5-3

  3. 1. Write Dishonoredcheck $105.00 on the line under the heading “Other.” RECORDING A DISHONORED CHECK ON A CHECK STUB page 129 2. Write the total of the dishonored check in the amount column. 1 2 3 3. Calculate and record the new subtotal on the Subtotal line. LESSON 5-3

  4. 1. Date. Write the date. 2 JOURNALIZING AN ELECTRONIC FUNDS TRANSFER page 131 September 2. Paid cash on account to Kelson Enterprises, $350.00, using EFT. Memorandum No. 10. 4 1 3 2. Debit. Write the title of the account to be debited. Record the amount debited. 3. Credit. Record the amount credited. 4. Source document. Write the source document number. LESSON 5-3

  5. 1. Date. Write the date. 2 JOURNALIZING A DEBIT CARD TRANSACTION page 132 September 5. Purchased supplies, $24.00, using debit card. Memorandum No. 12. 4 1 3 2. Debit. Write the title of the account to be debited. Record the amount debited. 3. Credit. Record the amount credited. 4. Source document. Write the source document number. LESSON 5-3

  6. TERMS REVIEW page 133 • dishonored check • electronic funds transfer • debit card LESSON 5-3

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