T T ERMS REVIEW ERMS REVIEW journal journalizing entry general journal double-entry accounting source document Lesson 4-1, page 71 Lesson 4-1, page 71 check invoice sales invoice receipt memorandum
Dec 14, 2015
TTERMS REVIEWERMS REVIEWjournal
journalizing
entry
general journal
double-entry accounting
source document
Lesson 4-1, page 71Lesson 4-1, page 71
check
invoice
sales invoice
receipt
memorandum
RECEIVED CASH FROM OWNER AS AN INVESTMENTRECEIVED CASH FROM OWNER AS AN INVESTMENT
Lesson 4-1, page 69Lesson 4-1, page 69
August 1. Received cash from owner as an investment, $10,000.00. Receipt No. 1.
RECEIVED CASH FROM OWNER AS AN INVESTMENTRECEIVED CASH FROM OWNER AS AN INVESTMENT
Lesson 4-1, page 69Lesson 4-1, page 69
August 1. Received cash from owner as an investment, $10,000.00. Receipt No. 1.
1. Write the date.
4. Write the source document number.
2. Debit Cash.
3. Credit Barbara Treviño, Capital.
1
3
2
4
3. Credit Cash.
PAID CASH FOR SUPPLIESPAID CASH FOR SUPPLIES
Lesson 4-1, page 70Lesson 4-1, page 70
1. Write the date.
4. Write the source document number.2. Debit Supplies.
13
24
RECEIVED CASH FROM SALESRECEIVED CASH FROM SALES
Lesson 4-3, page 76Lesson 4-3, page 76
August 12. Received cash from sales, $325.00. Tape No. 12.
1
24
1. Write the date.
2. Debit Cash.
3. Credit Sales.
4. Write the source document number.
3
SOLD SERVICES ON ACCOUNTSOLD SERVICES ON ACCOUNT
Lesson 4-3, page 77Lesson 4-3, page 77
August 12. Sold services on account to Kids Time, $200.00. Sales Invoice No. 1.
1
3
4
1. Write the date.
2. Debit Accounts Receivable—Kids Time.
3. Credit Sales.
4. Write the source document number.
2
PAID CASH FOR AN EXPENSEPAID CASH FOR AN EXPENSE
Lesson 4-3, page 78Lesson 4-3, page 78
August 12. Paid cash for rent, $250.00. Check No. 4.
1 34
1. Write the date.
2. Debit Rent Expense.
3. Credit Cash.
4. Write the source document number.
2
RECEIVED CASH ON ACCOUNTRECEIVED CASH ON ACCOUNT
Lesson 4-3, page 79Lesson 4-3, page 79
August 12. Received cash on account from Kids Time, $100.00. Receipt No. 2.
124
1. Write the date.
2. Debit Cash.
3. Credit Accounts Receivable—Kids Time.
4. Write the source document number.
3
PAID CASH TO OWNER FOR PERSONAL USEPAID CASH TO OWNER FOR PERSONAL USE
Lesson 4-3, page 80Lesson 4-3, page 80
1
3
4
August 12. Paid cash to owner for personal use, $100.00. Check No. 6.
1. Write the date.
2. Debit Barbara Treviño, Drawing.
3. Credit Cash.
4. Write the source document number.
2
STARTING A NEW GENERAL JOURNAL PAGESTARTING A NEW GENERAL JOURNAL PAGE
Lesson 4-4, page 83Lesson 4-4, page 83