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LESSON 4-1. Preparing a Chart of Accounts. Balance columns. RELATIONSHIP OF A T ACCOUNT TO AN ACCOUNT FORM. page 91. CHART OF ACCOUNTS. page 92. ACCOUNT NUMBERS. page 92. OPENING AN ACCOUNT IN A GENERAL LEDGER. page 94. 1. 2. 1. Write the account title.

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Lesson 4 1

LESSON 4-1

Preparing a Chart of Accounts


Relationship of a t account to an account form

Balance columns

RELATIONSHIP OF A T ACCOUNT TO AN ACCOUNT FORM

page 91

LESSON 4-1


Chart of accounts
CHART OF ACCOUNTS

page 92

LESSON 4-1


Account numbers
ACCOUNT NUMBERS

page 92

LESSON 4-1


Opening an account in a general ledger
OPENING AN ACCOUNT IN A GENERAL LEDGER

page 94

1

2

1. Write the account title.

2. Write the account number.

LESSON 4-1


Terms review
TERMS REVIEW

page 95

  • ledger

  • general ledger

  • account number

  • file maintenance

  • opening an account

LESSON 4-1


Lesson 4 2

LESSON 4-2

Posting Separate Amountsfrom a Journal to aGeneral Ledger


Posting an amount from a general debit column

1

5

3

2

4

POSTING AN AMOUNT FROM A GENERAL DEBIT COLUMN

page 96

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


Posting a second amount to an account

1

5

2

3

4

POSTING A SECOND AMOUNT TO AN ACCOUNT

page 97

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


Posting an amount from a general credit column

5

1

3

2

4

POSTING AN AMOUNT FROM A GENERAL CREDIT COLUMN

page 98

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


Term review
TERM REVIEW

page 99

  • posting

LESSON 4-2


Lesson 4 3

LESSON 4-3

Posting Column Totalsfrom a Journal to aGeneral Ledger


Check marks show that amounts are not posted

Check mark indicates that amounts ARE NOT posted individually.

Check mark indicates that general amount column totals ARE NOT posted.

CHECK MARKS SHOW THAT AMOUNTS ARE NOT POSTED

page 100

LESSON 4-3


Posting the total of the sales credit column

3 individually.

5

1

2

4

POSTING THE TOTAL OF THE SALES CREDIT COLUMN

page 101

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 column total.

LESSON 4-3


Posting the total of the cash debit column

1 individually.

2

3

5

4

POSTING THE TOTAL OF THE CASH DEBIT COLUMN

page 102

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 column total.

LESSON 4-3


Posting the total of the cash credit column

3 individually.

1

5

2

POSTING THE TOTAL OF THE CASH CREDIT COLUMN

page 103

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 column total.

LESSON 4-3


Lesson 4 4

LESSON 4-4 individually.

Completed Accounting Forms and Making Correcting Entries


Journal page with posting completed
JOURNAL PAGE individually.WITH POSTING COMPLETED

page 105

LESSON 4-4


Memorandum for a correcting entry
MEMORANDUM individually.FOR A CORRECTING ENTRY

page 108

LESSON 4-4


Journal entry to record a correcting entry

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.

1

Date

2

Debit

4

Source Document

3

Credit

JOURNAL ENTRY TO RECORD A CORRECTING ENTRY

page 108

LESSON 4-4


Term review1
TERM REVIEW advertising in October was journalized and posted in error as a debit to Miscellaneous Expense instead of Advertising Expense, $140.00. Memorandum No. 15.

page 109

  • correcting entry

LESSON 4-4