Journalizing transactions - PowerPoint PPT Presentation

Journalizing Transactions

Journalizing Transactions. Chapter 4. Rule of Thumb. If you enter a number in the general amount column then a account title has to be entered also. . SOURCE DOCUMENTS. DEF - A business paper from which information is obtained for a journal entry

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LESSON 3-3

LESSON 3-3. Journalizing Transactions That Affect Owner’s Equity and Receiving Cash on Account. 2. 2. 3. 3. RECEIVED CASH FROM SALES. page 68. August 12. Received cash from sales, $295.00. Tape No. 12. 1. 4. 1. Write the date in the Date column.

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Accounting I – Chapter 4

Accounting I – Chapter 4. Lesson 4-1, 4-2, and 4-3. Recording Transactions in a Journal New Terms. Journal A form for recording transactions in chronological order Journalizing Recording transactions in a journal. Entry Information for each transaction recorded in a journal

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