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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. - PowerPoint PPT Presentation
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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 4-1
Preparing a Chart of Accounts
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
2
LESSON 4-1
RELATIONSHIP OF A T ACCOUNT TO AN ACCOUNT FORM page 91
Balance columns
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-1
CHART OF ACCOUNTS page 92
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-1
ACCOUNT NUMBERS page 92
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-1
1. Write the account title.2. Write the account number.
OPENING AN ACCOUNT IN A GENERAL LEDGER page 94
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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-1
TERMS REVIEW
ledger general ledger account number file maintenance opening an account
page 95
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 4-2
Posting Separate Amountsfrom a Journal to aGeneral Ledger
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-2
1. Write the date. 4. Write the new account balance.2. Write the journal page number.3. Write the debit amount.
5. Return to the journal and write the account number.
POSTING AN AMOUNT FROM A GENERAL DEBIT COLUMN page 96
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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-2
POSTING A SECOND AMOUNT TO AN ACCOUNT page 97
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2
4
1. Write the date. 4. Write the new account balance.2. Write the journal page number.3. Write the debit amount.
5. Return to the journal and write the account number.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-2
POSTING AN AMOUNT FROM A GENERAL CREDIT COLUMN page 98
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1. Write the date. 4. Write the new account balance.2. Write the journal page number.3. Write the credit amount.
5. Return to the journal and write the account number.
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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-2
TERM REVIEW
posting
page 99
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 4-3
Posting Column Totalsfrom a Journal to aGeneral Ledger
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-3
CHECK MARKS SHOW THAT AMOUNTS ARE NOT POSTED page 100
Check mark indicates that amounts ARE NOT posted individually.
Check mark indicates that general amount column totals ARE NOT posted.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-3
POSTING THE TOTAL OF THE SALES CREDIT COLUMN page 101
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1. Write the date. 4. Write the new account balance.2. Write the journal page number.3. Write the column total.
5. Return to the journal and write the account number.
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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-3
POSTING THE TOTAL OF THE CASH DEBIT COLUMN page 102
1
4
1. Write the date. 4. Write the new account balance.2. Write the journal page number.3. Write the column total.
5. Return to the journal and write the account number.
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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-3
POSTING THE TOTAL OF THE CASH CREDIT COLUMN page 103
1
4
1. Write the date. 4. Write the new account balance.2. Write the journal page number.3. Write the column total.
5. Return to the journal and write the account number.
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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 4-4
Completed Accounting Forms and Making Correcting Entries
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-4
JOURNAL PAGE WITH POSTING COMPLETED page 105
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-4
MEMORANDUM FOR A CORRECTING ENTRY page 108
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-4
JOURNAL ENTRY TO RECORD A CORRECTING ENTRY page 108
4Source Document
3Credit
1 Date 2 Debit
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.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 4-4
TERM REVIEW
correcting entry
page 109
