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Understanding Journals and Source Documents for Recording Entries in a General Journal

This lesson focuses on the essential components of accounting, including journals, source documents, and the process of recording entries in a general journal. Key topics cover the significance of checks, sales invoices, calculator tapes, receipts, and memorandums as source documents. Additionally, it discusses the process of receiving cash from the owner as an investment. By mastering these concepts, students will enhance their ability to accurately maintain financial records and manage business transactions effectively.

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Understanding Journals and Source Documents for Recording Entries in a General Journal

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  1. LESSON 3-1

    Journals, Source Documents, and Recording Entries in a Journal
  2. A GENERAL JOURNAL page 57 LESSON 3-1
  3. CHECKS page 58 LESSON 3-1
  4. SALES INVOICES page 58 LESSON 3-1
  5. calculator tape receipt memorandum OTHER SOURCE DOCUMENTS page 59 LESSON 3-1
  6. 2 2 3 3 RECEIVED CASH FROM OWNER AS AN INVESTMENT page 60 August 1. Received cash from owner as an investment, $5,000.00. Receipt No. 1. 1 4 1. Write the date in the Date column. 2. Write the title of the account debited. Write the debit amount. 3. Write the title of the account credited. Write the credit amount. 4. Write the source document number in the Doc. No. column. LESSON 3-1
  7. 2 2 3 3 PAID CASH FOR SUPPLIES page 61 August 3. Paid cash for supplies, $275.00. Check No. 1. 1 4 1. Write the date in the Date column. 2. Write the title of the account debited. Write the debit amount. 3. Write the title of the account credited. Write the credit amount. 4. Write the source document number in the Doc. No. column. LESSON 3-1
  8. journal journalizing entry general journal double-entry accounting source document check invoice sales invoice receipt memorandum TERMS REVIEW page 62 LESSON 3-1
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